Sarahi Espinoza Salamanca's plans to attend college evaporated when, as a high school senior, her mother revealed that, unbeknownst to her, she was not living in the U.S. legally. Using her personal story for inspiration, she went on to launch DREAMer's Roadmap, a nonprofit mobile app that works to help undocumented students find scholarships to go to college.
Espinoza Salamanca was the daughter of undocumented immigrants and was able to obtain DREAMER status — an acronym for Development, Relief and Education for Alien Minors. She arrived in this country when she was 4 years old and like most other Dreamers, she was able to attend both elementary and high school, not realizing her status in this country.
"For me, growing up in this country from such a young age and going through the whole experience, K-12, I didn't really think that I was any different from all of my classmates," said Salamanca.
It wasn't until graduating high school that she was faced with the inevitable truth. Like many of her peers, she began applying to colleges with aspirations to make something of herself. Soon after, she received a notice in the mail saying her financial aid application was incomplete because it was missing her social security number.
Salamanca then called up her parents who explained that she was not in the country legally and was not able to obtain a social security number. In desperation, she went to her counselor, hoping for some helpful advice, but she recalls the counselor, telling her that "people like [you] don't go to college." For Salamanca, it "was a very hard pill to swallow."
Subsequently, she made a contact who shared that it is possible for DREAMers to go to college, and even obtain in-state tuition in some states, including California, where she lived. She has since used that knowledge to develop the DREAMer's Roadmap app, which helps undocumented students find college scholarships. The app was launched in 2016 and has so far provided information to more than 30,000 students, said Espinoza Salamanca.
"The whole idea behind DREAMers roadmap was to create a database where all of these scholarships would be housed and students all over the country could just download this app and have access to scholarships that they were eligible for to continue their education if that's what they wanted after high school," she said.
She says many parents arrive in the U.S. for better lives not just for themselves, but also for their children, and education can play a big role in that. "For us, it's wonderful that we have that opportunity to be able to be a little part in that success story for immigrants across this country," she said.
While managing the app, Salamanca is also involved in other entrepreneurial projects. She most recently launched the fund, #Supplies4FarmWorkers, which collects food, PPE, and school supplies for farmworkers affected by wildfires.
"It just hit me, 'What can we do to help them?' and being that DREAMer's Roadmap's mission is a lot about education, and immigrant families and most of these farmworkers are immigrants and undocumented, it just aligned perfectly," she said. "It was like a lightbulb moment."
Salamanca said the effort, that began about a month ago, has already handed out more than $50,000 worth of supplies to farmworkers' families.
In February, Senator Jeff Merkley (D-Ore.) and Representative Jamaal Bowman (D-N.Y. 16th District) introduced the Fair College Admissions for Students Act. The bill looks to curb the admissions advantage given to the children of alumni and donors for colleges and universities. Sen. Merkley joined Cheddar news to discuss the push behind the legislation. "My dad was a mechanic. I was applying to schools around the country. I never thought about the fact that those students who came from the most privileged backgrounds also got a special advantage in applying to college," he said. "They take up 10-25 percent of the slots at many of our universities, and so this is kind of affirmative action for those who need it least rather than a level playing field for everyone else." If enacted, the law would amend the Higher Education Act of 1965 doing away with legacy or donor status admissions for any school participating in the federal student aid program.
Nancy Daoud, a private wealth adviser for Ameriprise Financial, joins Cheddar News' Closing Bell, where she discusses what led to a sharp spike on Wall Street during Tuesday's session and what she will be watching for most closely when the Fed announces it latest policy decision on Wednesday.
Russia's economy is effectively at a standstill after it was slapped with extensive western sanctions, and now it has to make the first of four monthly interest payments on dollar bonds. It's likely the country will not be able to pay — so what happens next? Major credit ratings agencies have downgraded Russian sovereign debt, with Fitch issuing a 'C' rating and S&P Global Ratings issuing a 'CCC-' rating. Caleb Silver, Editor in Chief of Investopedia, joins Closing Bell to discuss what a Russian debt default could mean for Russia's economy, U.S. consumers who have pensions with exposure to Russian assets, and whether this could create a global financial crisis.
With the number of Ukrainians being displaced due to the Russian invasion surging, two students from Harvard took it on themselves to develop a website to help connect potential hosts with refugees seeking housing. The co-founder of the website Ukraine Takes Shelter, Marco Burstein, joined Cheddar news to discuss working together with fellow freshman Avi Schiffmann to streamline the effort to aid Ukrainian refugees. "We basically worked for three days straight developing the website, and since then the response has been pretty incredible," Burstein said.
Over three weeks ago, WNBA player Brittney Griner was arrested in Russia on drug charges. According to reports, the Star arrived at an airport near Moscow where authorities found Vape cartridges and hashish oil in her luggage. Grindr faces serious charges that could carry a possible sentence of 5-10 years in a Russian prison. Experts warn that Griner's arrest could be used as a bargaining chip. Partner at Stroock & Stroock & Lavan, Thomas Firestone, joined Cheddar to discuss more.
On a live broadcast, an employee on a Russian state news television channel held up a sign protesting propaganda about the war in Ukraine. Ruslan Deynychenko, executive director of the Ukrainian fact-checking organization StopFake, joined Cheddar News to discuss what he called the misinformation spread to the Russian people about the invasion. "They are not about informing people they are about brainwashing people," he said. "Russian government uses their media as an instrument, as a tool, of their foreign policy."
Student loan payments for millions of borrowers are set to resume on May 1st. However, signals from the Department of Education show that the date may be pushed back. Once again, it's been pushed back a few times. Initially, the Biden Administration stated loan payments would resume as the economy continues to show signs of recovery. Student Loan Expert and Author of "How to Appeal for More College Financial Aid", Mark Kantrowitz, joined Cheddar to discuss more.
