Education: Toward the Future

Faced with rising costs and low returns on endowment, many a U.S. college and university knows that it must raise more money or retrench. Last week, after a hard squint at the future, Yale University announced its target for the decade 1950-60: a massive $80 million in new gifts to help the university keep on growing.

How would Yale raise the money? Last week, in a booklet itemizing the university's needs, Yale was putting the job up to its alumni and friends.


Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!