Quick Takes: Stanford Raises $1.1 Billion for Undergraduate Education, Debt Ratings Hold Steady, $50 Million for Asian Art at Florida State, New Under Secretary at U.S. Education Department, Hebrew College and Nova Southeastern Collaboration
Submitted by Scott Jaschik on January 19, 2006 - 4:00am
Stanford University announced Wednesday that it has raised more than $1.1 billion in a five-year fund-raising campaign to support undergraduate education. While several universities have completed campaigns that raised more than $2 billion, the norm for billion-dollar campaigns is that they are conducted by research universities and that much of the big money ends up supporting professional schools and research. All of the money raised in the Stanford campaign will go toward undergraduate education, with a major emphasis on special courses created for freshmen and sophomores, and new undergraduate research programs.
Debt ratings for colleges and universities were relatively stable in the fourth quarter of 2005, despite the impact of Hurricane Katrina on the Gulf Coast, according to an analysis released Wednesday by Standard and Poor's.
Florida State University on Tuesday announced a $50 million gift -- in cash and art -- to support Asian art holdings at the university's museum. The gift is from Helga Wall-Apelt, a Sarasota collector. The collection going to the university includes large Chinese jades, bronze scupltures from Southeast Asia, and Cambodian stone figures dating to the 12th century.
President Bush has appointed David Dunn, chief of staff to Education Secretary Margaret Spellings, to be acting under secretary of education, the White House announced Wednesday.
Hebrew College, located outside of Boston, and Nova Southeastern University have announced plans to start joint academic programs in Jewish studies and Jewish education at Nova's Fort Lauderdale campus.