WSJ: University of Michigan Raises $5 Billion

[sushiritto]

The University of Michigan announced today it completed what it calls the largest fundraising effort for a public school, bringing in $5 billion.

https://www.wsj.com/articles/university-of-michigan-raises-5-billion-others-close-behind-1538658001?mod=searchresults&page=1&pos=3

This latest campaign started in 2011 and includes at least four gifts of $100 million or more, Mr. May (Vice President of Development at UMich) said. Of the total raised, $1.1 billion is earmarked for student scholarships.

[Knowsstuff]

and why does my ops kid have to pay so much?

[hebegebe]

They might as well become a private school given how little funding they get from the state.

[GoBlue81]

"President Mark Schlissel announced this morning that the University of Michigan has shattered records as the first public university to raise $5 billion in the most successful fundraising campaign of its history, including $1.1 billion for our students. Every single gift has made a collective impact toward this remarkable achievement.

While we still have three months left in the campaign, this is truly a moment to celebrate…"