[PeterParker]

http://news.yahoo.com/s/ap/20070531/ap_ ... donation_2

University of Chicago gets $100 million

Thu May 31, 10:03 AM ET

CHICAGO - A graduate of the University of Chicago gave an anonymous donation of $100 million to his alma mater, the latest in a series of massive gifts to colleges around the country.

The university will use the money — the largest single donation given to an Illinois university — to give full scholarships to about 800 lower-income students each academic year. The grants also will pay partial tuition for another 400 of the 4,400 undergraduate students

"A quarter of our students will have a very different experience than they had before," said Michael Behnke, vice president and dean of college enrollment. "They will be free from this worry about debt. It will transform student life on campus."

U.S. colleges and universities hauled in an all-time high of $28 billion in donations last year, led by Stanford University's record $911 million. They have increasingly sought large gifts from individual donors rather than focusing on getting a higher percentage of alumni to give.

Also: http://news.yahoo.com/s/ap/20070602/ap_ ... QACwRH2ocA

[Sly Fox]

And the Original Monsters of the Midway have some of the priciest tuitions in America. Its amazing one man can do if he has a 100M between the cushions of his sofa.