February 20, 2008

Private Donations to Colleges Increase for 4th Consecutive Year

By Brad Wolverton

Backed by a strong economy and a growing stock market, American colleges and universities raised an estimated $29.8-billion in the 2007 fiscal year, the highest total ever recorded, according to a report scheduled for release today by the Council for Aid to Education.

But the country's recent economic troubles have some fund-raising experts concerned that the high times might be coming to an end.

Private donations to colleges and universities climbed by 6.3

Print Subscription

Digital Subscription

Already have an account? Log In Now.