Over the past two decades, American universities have created reasons to spend more and raise large donations, without end. What are the second-order effects of this increase in fundraising activity?
American universities remain highly sought after for both American and international students. The trends over the last few decades include a larger population now attending college (both in total numbers and percentage of population) with lower acceptance rates (partly driven by the increased number of applications per applicant). These two trends continue in spite of greatly increased tuition. Continue reading “The University Fundraising Arms Race”