Education: Report Card

¶ President Thomas J. Watson Jr. of International Business Machines Corp. announced that in memory of his father ("Think"), IBM is launching one of the largest scholarship programs ever undertaken by a single company. With the help of the National Merit Scholarship Corp., IBM will each year pick (on a competitive basis) 25 children of employees and 25 seniors from secondary schools all over the U.S. for four-year scholarships of varying amounts. In addition to the scholarships. IBM will provide a special cost-of-education gift to each school chosen by its winners. The average annual tab to be picked up by the...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!