Good News

Man Used Secret Fortune to Send 33 Strangers to College

"He wanted to help kids that were like him ... have an opportunity to go to college."

Culture Beat · Jul. 30, 2019

“Dale Schroeder was a simple, humble man from Iowa, who ended up changing the lives of 33 people forever. Schroeder worked as a carpenter at the same company for 67 years. He grew up poor and had no wife or children of his own.”

“His friend Steve Nielsen described Schroeder as a ‘blue collar, lunch pail kind of guy. Went to work every day. Worked really hard. Was frugal. Like a lot of Iowans.’”

“When he died in 2005, no one could have guessed how rich Schroeder really was. ‘He had church jeans and work jeans,’ Nielsen said.”

“Schroeder had saved up a fortune over the years. He had no living descendants, so before he died, he went to his lawyer with a plan for his money.”

Read more at WDEF.

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