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The Last Mile: How $1,270 Can Change a Life Forever

Not long after she helped launch Aspirations in Computing – an initiative meant to encourage high school girls to pursue careers in technology – Ruthe Farmer began to notice how many program participants were sharing stories of hardship on social media as they strove to make it through college.

“In 2017 I came across this thing that just kept happening where really great students I’d been following were stumbling over relatively minor disruptions,” Farmer told Diverse. 

Ruthe Farmer Ruthe FarmerHaving faced hard times herself as an undergraduate, Farmer began to intervene on behalf of students who were running low on cash. Sometimes she’d tap into her social networks. Other times she’d dip into her personal funds. Her efforts helped the young women pay for the various things they needed to get through college and land a successful career. One young woman simply needed help moving from Mississippi to North Carolina so she could take advantage of a well-paying internship at a big bank.

Ultimately, Farmer’s efforts culminated in 2019 in the creation of the Last Mile Education Fund – a Colorado-based nonprofit that provides financial assistance to students majoring in tech or engineering and who’ve gotten at least halfway through school. The organization has since awarded $14.1 million to more than 11,000 students.

Collaborators praise the Last Mile Education Fund for providing critical help to students during the home stretch of their academic journey. 

“Last Mile Education Fund is a necessary part of this journey for many students,” says Dwana Franklin-Davis, CEO of Reboot Representation, a New York City-based nonprofit that invests in efforts to help Black, Latina, and Native American women and girls make inroads into emerging technological fi elds. 

“Where we think about potential and opportunity, the financial aspect shouldn’t be a blocker,” Franklin-Davis says. “And so many students may get to a point and then don’t know how to get towards that last mile.”

Erika Gabrielle Hansen, strategic initiatives manager at Applied Materials, a Last Mile partner, cited a recent report that concluded more than one million additional skilled workers will be needed by 2030 to meet demand in the semiconductor industry, which produces chips needed for products such as smartphones and automobiles.

“Investing in high-potential, striving talent, grows the talent pool to support future industry growth,” Hansen says in reference to the Last Mile’s work. 

For Farmer, helping students clear the final hurdles of their college careers is an investment in America’s STEM workforce. 

“And our average investment per student is $1,270,” Farmer says. “It is ridiculously nominal.” But the payoff is exponential.

But the payoff is exponential.

The $2.4 Million Return

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