NEW YORK (USANN4)– Gifts to colleges and universities are on the rebound as the U.S. economy slowly improves from the recession. Bloomberg cites a leading education official, who says higher education gifts will likely increase 5-point-7 percent in the fiscal year ending June 30th.
At least six schools have received donations of $100 million or more this year. Earlier this month, the University of Pennsylvania said it got $225 million for its medical school. That is the largest single gift in the school’s history.
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Preceding provided by USA News Network 4
