April 10, 2009
Colleges Rethink Fund-Raising Expenses and Staffs
After several years of aggressive hiring, some college fund-raising operations are now cutting back as both revenue and investment income fall. The regrouping could slow growth plans on many campuses at a time when the need for private support has never been greater.
Among the institutions that have laid off fund-raising staff members recently are Oklahoma State University, the University of Connecticut, and the University of Washington. And Cornell University announced last
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