Colleges announce capital campaigns after pandemic hiatus

Image:  Fundraising announcements came in droves this fall: Cornell University seeks $5 billion, Drake University aims to raise $225 million, Texas State University set its goal at $250 million and the University of Miami endeavors to raise $2.5 billion, to name a few. Yale University is aiming to raise a whopping $7 billion—its largest target ever. After a pandemic-caused hiatus, signature capital campaigns have returned. “I sense a return of energy after the pandemic, when...