Introduction

In 2013, donors gave $34 billion to North American colleges, the most ever raised in one year (Rivard 2014).

Fourteen American colleges and universities have dropped the use of Native American terms or imagery from their athletics since 2005, thanks to public pressure (Rogers 2013).

Vanderbilt University reduced average student indebtedness by over $5,000, thanks to a $108 million campaign to raise money for financial aid (Kiley 2013).

The University of Delaware considered adding a PhD financed by JPMorgan Chase, which would include student aid, faculty salaries, and campus renovations; the bank would be involved with dissertation committees, among other areas (Rivard 2013).

The University of Hawaii spent “hundreds of thousands of dollars” in damage control after attempting to hire Stevie Wonder for a concert but instead paying money to a sham talent agency (Stripling 2012).

Two Koch brothers’ foundations donated $12.7 million to colleges and universities in 2012, funding initiatives such as programs as the “moral imperatives of free markets and individual liberty” (Levinthal 2014).