CHARLOTTE, N.C.--(BUSINESS WIRE)--A national precious metals dealer is teaming up with a sound money policy group to help students pay for the ever-increasing costs of college.
Money Metals Exchange, recently ranked “Best in the USA,” has joined with the Sound Money Defense League to offer the first gold-backed scholarship of the modern era. Starting in 2016, these groups set aside 100 ounces of physical gold currently worth $123,000 to reward outstanding students who display a thorough understanding of economics, monetary policy, and sound money.
The scholarship is open to high school seniors, undergraduate, and graduate students with an interest in economics, specifically the tradition of the Austrian school. Applicants do not have to be economics majors to be eligible to receive this scholarship.
Money Metals and the Sound Money Defense League also announced this year’s blue-ribbon panel of judges:
Dr. Walter Block: Walter Block is the Harold E. Wirth Endowed Chair and Professor of Economics, Loyola University New Orleans, and senior fellow at the Mises Institute. He earned his PhD in economics at Columbia University in 1972.
Dr. William Luther: William Luther is an Assistant Professor of Economics at Kenyon College, and director of the American Institute for Economic Research’s Sound Money Project.
Cliff Maloney: Cliff Maloney is the National President of Young Americans for Liberty, a freedom advocacy organization with over 900 chapters on American college campuses.
Dr. Jonathan Newman: Jonathan Newman is an Assistant Professor of Economics and Finance at Bryan College in Dayton, TN. He is a Mises Fellow and earned his PhD from Auburn University.
The Money Metals Exchange & Sound Money Defense League Scholarship has received entries from applicants representing more than 140 different schools, 39 states, four countries, and two continents.
The deadline to submit applications is September 30, 2018.
Sound Money Defense League is a public policy group working nationally to bring back gold and silver as America’s constitutional money.
Money Metals Exchange, a national precious metals company recently named “Best in the USA” by an independent global ratings group, serves nearly 100,000 customers and sells more than $100 million in physical gold, silver, platinum, and palladium each year.