February 29, 2008
Private Donations to Colleges Rise for 4th Consecutive Year
Increase is fueled by large donations, but percentage of alumni donors drops again
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 released last week 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
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