Carpenter saved his whole life to send 33 strangers to school for free

An 86-year-old man from Iowa, who worked as a carpenter for 67 years at the same business and reportedly owned two pairs of jeans and a rusty Chevrolet truck, was able to send 33 strangers to college following his death in 2005, KCCI reports.After quietly amassing $3 million in savings, Dale Schroeder set up a fund for students in Iowa who could not afford tuition. Now, after 14 years, those funds have finally run out.Schroeder grew up poor and was never able to go to college, according to KCCI. So, shortly before the carpenter, who had never married and never had children, passed away in 2005, he approached his friend and lawyer, Steve Nielsen, to discuss what to do with his life savings.“He wanted to help kids that were like him that probably wouldn’t have an opportunity to go to college but for his gift,” Nielsen told the station. “I said, ‘How much are we talking about, Dale?’ And he said, ‘Oh, just shy of $3 million.’ I nearly fell out of my chair.”Most of that money went into Schroeder’s scholarship fund, which helped future teachers, doctors and therapists fulfill their dreams of continuing to higher education.Now that it’s run out, the 33 beneficiaries, who refer to themselves as “Dale’s Kids,” have promised to pay it forward — which was the one condition of accepting the scholarship.
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