For a small institution like this to raise that large amount of money involving such a high percentage of its alumni is significant. |
It's not unusual for a number of private institutions to be going through budget difficulties. |
So they usually face more financial challenges from year to year. That does require their leaders to be innovative, flexible and market-smart. |
Those price drivers have all been increasing faster than college sticker prices. While tuition at a place like Princeton might be higher than the national average, its institutional aid packages are significantly higher than the national average. |