General Motors Gives Scholarship Money Despite Bankruptcy

Paying for College
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<p>I just found this and I thought we should have a debate. On the one hand this helps us, but on the other hand, isn’t the stability and longevity of the company more important?</p>

<p>"[Even</a> on the verge of bankruptcy, General Motors has teamed up with the Hispanic Scholarship Fund to dish out new scholarships.](<a href="http://persistentincome.blogspot.com/2009/05/general-motors-gives-scholarship-money.html]Even"&gt;http://persistentincome.blogspot.com/2009/05/general-motors-gives-scholarship-money.html)"&lt;/p&gt;

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<p>I guess even a bankrupt company needs tax write offs for the future!</p>

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<p>Kels, I assume you are joking – they do not need more tax losses. When your major shareholder is the US govt, you do what it takes to keep the people in govt happy.</p>

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<p>Yes, I was joking.</p>

<p>My H works for GM. We have to keep our sense of humor … it may be ALL we get to keep.</p>