Billionaire and Republican megadonor is funding scholarships for students at closing Philly schools

Jeffrey Yass, a Republican megadonor, and his wife Janine founded the Yass Prize, which offers scholarships for 500 students at Philadelphia public schools set to close in 2027. The scholarships provide $8,000 annually through high school, allowing enrollment in vetted private schools. Critics argue this initiative promotes privatization and exploits public school challenges.