With the mysterious sprinkling of nearly $70 million on schools including Binghamton University in New York, Montclair State University in New Jersey, the University of Southern Mississippi and, with an announcement on Thursday, Michigan State University, this financial influx has become a sweet diversion and a huge lift.
“Clearly, whoever it is wishes to remain anonymous and I, for one, am perfectly happy to respect that,” said Susan A. Cole, president of Montclair State, which received a call from a Wells Fargo representative followed immediately by gifts of $4 million and $1 million in late March. “In the best of times we never have enough scholarship money for students who have financial need. In these difficult times, that is multiplied. The gift is incredibly important to us. I cannot adequately express the depth of our gratitude.”
Clearly financing for a college education is alive and well. You just have to selectively decide where, when and how to acquire the $$. But many how could get it dont due to not being willing to understand the process. But the money is there in abundance and you only have to pay, if you choose to.
Tuesday, April 28, 2009
Anonymous Donor Gives Millions to Colleges
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