Academic

HIGHER EDUCATION BUBBLE UPDATE: Charitable contributions to colleges and universities in the Unit?

By Glenn Reynolds

HIGHER EDUCATION BUBBLE UPDATE:

Charitable contributions to colleges and universities in the United States increased 0.5% in 2010, reaching $28 billion. . . .Adjusted for inflation, giving declined 0.6%. Support of higher education institutions is at the same level now as it was in 2006. In inflation-adjusted terms, however, support is 8% lower in 2010 than it was in 2006.

And yet I’d bet that people are still basing long-term spending plans on the expectation of steady growth.

Full post as published by Instapundit.com on February 04, 2011 (boomark / email).