Stanford and Harvard had an exceptional 2007 in fund-raising; individually, they raised over half a billion dollars for their respective institutions. All totaled, colleges and universities raised approximately $30 billion. This is sure to fan the flames of those who feel universities are turning into fund-raising machines.
Check out the entire article at:
http://www.nytimes.com/2008/02/20/education/20educ.html?_r=1&ref=education&oref=slogin
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