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Lara, Christen; Johnson, Daniel – Education Economics, 2014
In 2011, philanthropic giving to higher education institutions totaled $30.3 billion, an 8.2% increase over the previous year. Roughly, 26% of those funds came from alumni donations. This article builds upon existing economic models to create an econometric model to explain and predict the pattern of alumni giving. We test the model using data…
Descriptors: Private Financial Support, Donors, Higher Education, Educational Finance