Article: College Scholarships for All No Myth in El Dorado

This blue-collar city in the heart of Arkansas' timber-producing region has been losing population, statewide political clout and federal funding for the past 40 years. Then last year, an automotive equipment plant said goodbye, sending 650 manufacturing jobs overseas.

But last week, little El Dorado (pronounced el duh-RAY-doh) became a destination city. The focus on booming northwest Arkansas, where corporate giants such as Wal-Mart and Tyson Foods make their homes, just shifted south.

A city of 21,530 just north of the Louisiana border, El Dorado now boasts a program that guarantees that high school graduates from the area can afford college courtesy of a $50 million gift from its own ...

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