Margaret Dunning already runs one business. Will she start another?
That remains to be seen. For now, the 102-year-old plans to head back to the University of Michigan’s Stephen M. Ross School of Business to finish the undergraduate degree she started about 80 years ago. After she was featured in a TODAY.com article for her passion about cars, The FRAM Group (an auto products manufacturer) decided to pay her tuition.
Once she graduated from high school in 1929, Dunning began pursuing a business degree at the University of Michigan. During the Depression, she had to drop out of school to help her mother, who owned a bank and needed all the support she could get. Dunning went on to have a long career in banking.
“I’ll have to figure out just what I’ll study, but it will be in business, though — I know that,” she told TODAY. “I’m still running a business right now. … It’s a trust fund.”
Dunning still changes the oil and spark plugs on her car, a 1930 Packard 740 Roadster that she bought in 1949 and restored to mint condition. The idea of going back to school has filled her with joy.
“I’m very, very pleased about it,” she said in the TODAY article. “I feel that I’ve been granted a few years that other people do not have, and I am really very happy that I have this beautiful old world to live in.”