Beyoncés new hit is a Formation Scholars program for college students

Beyoncs new hit is a Formation Scholars program for college studentsBeyoncs new hit is a Formation Scholars program for college studentsOkay ladies, lets get those grades - and higherbei salaries at work - in formation.On the anniversary of her groundbreaking Lemonade album,Beyonc made an announcement not another surprise album, but a college scholarship program for four lucky students.The Formation Scholars program is seeking to financially untersttzungsangebot four young women who are unafraid to think outside the box and are bold, creative, conscious and confident and are pursuing studies in creative arts, music, literature or African-American studies. Four schools are participating in the programBerklee College of Music, Howard University, Parsons School of Design and Spelman College.Berklee president said that Beyonc was a role model whose original all-female band included a current professor and two Berkleealumnae. Beyoncs support for a female student studying at the Boston o r Valencia campus will have an impact on the global music industry.The details are still forthcoming abouteach particular colleges Formation award, but for Spelman, the award will beworth $25,000, an amount that can cover about one semesterof tuition.Degrees lead to more high-paying jobsThe scholarship is notable because its an acknowledgement of the power of education from one of the most powerful women in the world. Beyonc did not attend college herself. She even once sanga song that questioned what you could get out of it Who needs a degree when youre schoolin life?As a Grammy-award winning musician who has built a career independent women everywhere can admire, shes done well without a college degree.But recognizing that not every person has been given heropportunities - or her extraordinary talent - the college skeptic has changed her tune.In that, Beyonc joins other influential figures in supporting the cause of the moment education.Chance the Rapper and Mark Zuckerbergare o ther successful leaders who did not attend college themselves but areinvesting in schools, because they see schools as the training ground to earningbetter futures. This past March, Chance the Rapper donated $1 million to Chicago Public Schools as a call to action, wantingChicagos children to have quality learning experiences that include the arts.The powerful skeptics of college educationsStill, some prominent people remain skeptical about the usefulness of college, either because of its cost or its curriculum.Investor and entrepreneur Peter Thiel has created a different kind of fellowship to support innovation. Under the Thiel Foundation, he tempts college students under 20 with $100,000 if they drop out of school and work towards scientific and technical innovations instead. Thiel fellows will change the world and call it a senior thesis, Thielsaid. But critics disagree with the premise.Harvard President Larry Summers called itthe single most misdirected bit of philanthropy in th is decade.Its true that college is overpriced and can be prohibitively expensive for all but the richest families. CNBC found that the average cost of tuitionat a private, four-year university $31,231, which is up from the$1,832 it cost to get a four-year degree in the 70s.Meanwhile, student-loan debt in the U.S. numbers over $1 trillion.But its also true that multiple studieshave shown that education leads to higher-paying job opportunities. Brookings Institutionfound that 75% of people earning more than $100,000 were college graduates while those with only a high school diploma were twice as likely to make under $40,000 as those with a college degree.Beyonc, a powerful businesswoman, respects the power of getting paid. In her song Formation, she encourages women to think positively of earning more money Always stay gracious, she urged. Your best revenge is your paper.Given how necessary a degree is to earn a middle-class income, however, scholarship programsfrom celebrities can on ly be stopgaps to help more people obtain education.