New Record: Stanford Raises $1B in a Year
3.5K US universities bring in $31B
By Matt Cantor, Newser User
Posted Feb 21, 2013 2:41 AM CST
In this Feb. 15, 2012 file photo, a Stanford University student walks in front of Hoover Tower on the Stanford University campus in Palo Alto, Calif.   (AP Photo/Paul Sakuma, File)

(Newser) – For the eighth year running, Stanford University is the top fundraising university in the US—and this year, its haul surpassed $1 billion, setting a new record. Runners-up were Harvard, with $650 million, and Yale, with $544 million, the BBC reports. Some 3,500 universities brought in a combined $31 billion, 2.3% more than last year and just below the 2008 record. "We're climbing out of the doldrums," says an analyst behind the survey.

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Feb 21, 2013 7:02 AM CST
Still, adjunct professors with doctorate degrees make little more than minimum wage for the hours they put in to teach their courses. Jockocracy coaches are paid several hundreds the wage of some faculty who have more to contribute to humanity than football concussions for entertainment.
Feb 21, 2013 6:50 AM CST
I would rather read a story that said the graduates had a job.