Giving To Colleges Rises By 6.3%
from Inside Higher Ed
Individual donors reopened their checkbooks in 2017 as a strong stock market fueled rising personal giving that in turn powered an increase in contributions to higher education institutions. Colleges and universities raised a total of $43.6 billion in the fiscal year ending June 30, 2017, according to results from the latest version of the annual Voluntary Support of Education survey from the Council for Aid to Education, which is being released today. The fund-raising total is up 6.3 percent from 2016 — 3.7 percent after adjusting for inflation.
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