A great chart from The
Economist:
The Economist notes –
“Large donations to
well-funded universities, which come primarily from foundations and former
students, are becoming increasingly common. According to The Chronicle of
Higher Education, American universities have received over 100 private gifts of
$100m or more over the last decade. Roughly a third of these have gone to Ivy
League schools. Such giving is making rich universities even richer. Data from
the Council for Aid to Education show that Stanford University tapped its
donors for nearly $1bn in 2014, or $50,000 for each of its 18,000 students.
Berkeley, meanwhile, raised just $10,000 per student. Philanthropy may be
tilting America’s higher education system even further in favour of the rich.”
Related:
http://vivekjayakumar.blogspot.com/2010/10/worlds-richest-university-gets-richer.html