Colleges Have to Cut Back to Survive, but Angered Donors, Students and Profs Are Protesting

It’s the inevitable consequence of lean times following flush: “Financially strapped colleges are angering their benefactors by selling school radio stations, auctioning Georgia O’Keeffe paintings and dipping into endowments for purposes their donors may not have intended.” In the struggle for funding, some don’t understand it’s sometimes better to keep a professor than a painting.