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[News] LeBron plans to spend $41M to send kids to college!


According to foxsports.com:

The NBA star has partnered with the University of Akron to provide a guaranteed four-year scholarship to the school for students in James' "I Promise" program who qualify. The scholarship will cover tuition and the university's general service fee — currently $9,500 per year. James told ESPNhe plans to provide this for 1,100 kids, which would cost his foundation a total of $41.8 million at the school's current rates.