Monday, July 09, 2007

Student debt affecting alumni giving

This is sort of "duh!" territory, but folks may want to read the Boston Globe article linked in the title to this post, about how student debt is starting to affect alumni giving. When they still owe tens of thousands on their tuition, our graduates don't feel they are able to make donations to their schools. Unless we can reduce the debt burden, all their money is going to the private lenders, not their own welfare or the school's giving coffers.

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