He was known for his generosity after promising to pay for the cost of a two-year degree for an entire high school class. But now, he has gone the second mile…he made the offer again for another graduating class! Dennis Frandsen is a Wisconsin businessman who extended his offer for a second time to the 2019 graduating class in Luck, Wisconsin.
The Luck Public Schools confirmed to a local news source that that Frandsen offered to pay for two years of technical college for all of Luck’s 34 prospective graduates this year. He is a self-made success who now had 35 branches of Frandsen Bank and Trust in communities across Minnesota and Wisconsin.
A planning meeting to explain to parents how the program will work will be held in October.
Cory Hinkel, Luck Public Schools Superintendent, told the students about Frandsen’s generous gesture during an assembly Tuesday on the first day of school. “The look on the kids’ faces was priceless,” Hinkel recalled. “I really think this is going to make a huge impact on a lot of our kids’ lives.”
Hinkel says Frandsen told him he grew up in the Luck-Frederic area. He attended Luck Elementary before moving to another community. The Superintendent says he believes Frandsen, now in his mid-80’s, sees a chance to give back and establish a legacy in places that were important to him.
The generous business was profiled in another news report last year after he made the same offer to the 59-member graduating class at Rush City High School. “I thought it was the right thing to do,” Frandsen said in an installment of “Land of 10,000 Stories.” “I was able to do it and why shouldn’t I.”
Superintendent Hinkel thinks the gesture is significantly more life-changing than Frandsen’s modesty would allow him to admit. In a small community where not all families and students have the resources to easily pursue higher education, the promise of two years of tuition is massive.
“This just opens up doors for those whose doors may have been closed a little harder,” Hinkel says.