Colleges and universities set high targets in latest fund-raising campaigns

It’s a popular time to try to raise a few billion dollars. Over the last few weeks, several public flagship research universities have announced multibillion-dollar fund-raising campaigns running into 2022. Another private research university said it is trying to raise $1 billion. Even some institutions without the size and reach to set targets in the billions of dollars are stretching their goals to record levels. In the competitive world of higher education fund-raising, there is...