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Why Colleges Are Constantly Asking For Donations - Cheddar Explains

Posted

August 11, 2022

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Tuition is kind of out of control right now. The average tuition and fees for private universities has jumped 144% in the last 20 years. Yet, if you're a recent grad you've likely received calls from your alma mater asking for even more. Donations have become a key source of income for colleges and universities, despite tuition being higher than ever. What gives?

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