Former President Bill Clinton and Douglas L. Becker, chief executive officer of Laureate Education

Laureate Education has launched an international scholarship initiative named in honor of Richard W. Riley, former U.S. Secretary of Education during the Clinton Administration. Riley was a champion of making higher education accessible to those in need.

The announcement, made by former President Bill Clinton and Douglas L. Becker, chief executive officer of Laureate Education, was made at the Clinton Global Initiative (CGI) Asia meeting in Hong Kong. Laureate will award 1,000 Richard W. Riley scholarships to deserving teachers around the world to help them earn an advanced degree in education, business or information technology.

The CGI community is comprised of world leaders from government, business, and the nonprofit sector including Lee Kuan Yew, minister mentor and former prime minister of the Republic of Singapore; Gloria Macapagal-Arroyo, president of the Republic of the Philippines; and Yuriko Koike, member of the House of Representatives of Japan. For more information, visit www.laureate-inc.com.

Claire Yezbak Fadden is the Associate Editor of LifeAfter50.com.