Can philanthropists fix higher education?
I’ve posed this question to more than 100 major donors over the past few months, from conservatives to moderates to a few on the center left.
Most have given gifts to colleges and universities ranging from seven to nine figures, yet many have sworn off further donations, even after the presidents of Harvard University and the University of Pennsylvania resigned.
While it’s wise to abandon some giving strategies, I’ve urged donors to take a more effective — and more aggressive — approach to advance their values and secure the reforms higher education desperately needs.
This is something donors of all sizes can do, whether they’re giving a hundred million or a hundred bucks.
Donors are furious for the right reasons.