<p>AP930. That Princeton thing was from the NYT Archives. The date on the article appears to be March 1993. Unless I missed it there is nothing on the PU website indicating they have stopped. There is a full Wrestling schedule for 2009-09.</p>
<p>The problem is current and is affecting many college endowments.</p>
<p>Here is a video released today (November 10, 2008) from MarketWatch on the problem:</p>
<p>MarketWatch</a> - Video - College Endowments Falling Short</p>
<p>I DID check the date on this one ^_^. </p>
<p>Harvard</a> seeking spending cuts amid economic crisis - Yahoo! News</p>
<p>Cornell is offering to raise $120 million more for financial aid <em>cheer</em>!</p>
<p>haha...they'd better not call me again and ask for more money!!! I've given them a lot this cycle :-)</p>
<p>How much does an alumni usually donate, or how much does the school ask an alumni to donate? <em>taking out calculator</em> hehehe (evil laugh)</p>
<p>The alumnus can donate whatever amount he/she is able to afford. Usually with the senior campaign most students give $20-$25...the Class of 2008 raised a significant amount :-D</p>
<p>You also have the option of designating where you'd like your donation to go (ie. unrestricted gift, to a specific college or athletic program). I donated a fairly significant amount of money (for the senior campaign) and requested that it be given to CALS. This way I feel a little bit better about the fact that I can't really afford to donate money for a few years.</p>
<p>Colleges Struggle to Preserve Financial Aid</p>
<p>Even make harder to get financial aid....</p>
<p>i dont think the financial aid situation will be that bad, every year they try to get alumni to donate to a specific area and this year it was financial aid, so they SHOULD be well prepared</p>
<p>I'm going to post this on a new thread as well to alleviate some stress prospective students/families are feeling now. </p>
<p>Cornell</a> Chronicle: Cornell enhances financial aid program
[quote]
Cornell Chronicle Online</p>
<p>Nov. 13, 2008
CU recommits to need-based financial aid for undergrads</p>
<p>On the heels of an initiative announced just 10 months ago that greatly reduced student loan burdens, Cornell has announced that it will further bolster its financial aid program for undergraduate students by eliminating parental contribution for family incomes below $60,000, and further reducing student loans.</p>
<p>Together with work-study and other grant programs already in place, Cornell's neediest students will graduate debt free.</p>
<p>"In the current volatile and difficult economic circumstances, many current and prospective college students and their families are concerned about the affordability of a university education. Particularly at this unsettling time, Cornell must open its doors even wider," said President David J. Skorton.</p>
<p>"Our new policy will allow students, despite the current economic conditions, to be able to choose Cornell and to thrive here. With these enhancements, we will have the best chance each year to attract the strongest class," said Interim Provost David Harris.
[/quote]
</p>