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Schools get $25.6 billion: giving to higher education jumped 4.9 percent for 2005.(Fundraising)(Survey)
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Contributions to colleges and universities in the United States rung up $25.6 billion in 2005, a 4.9 percent increase compared to the previous year, according to the annual Voluntary Support for Education (VSE) survey released by the Council for Aid to Education. Approximately half of the total contributions were received from individuals. Alumni giving spiked 6 percent, while giving by individuals other than alumni slumped by 3.8 percent.
The growth is in line with the economy, said Ann Kaplan, director of the VSE survey. Kaplan commented that the increase is neither stellar ...
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