Around the industry: Yale receives second-largest donation ever

Bite-sized college and higher education industry news

  • Colorado: State lawmakers standardized how colleges and universities can accept credit for prior learning on Friday. For example, the policy will require all schools to accept the same score on Advanced Placement tests for credit. What those scores will be, exactly, will be hashed out through months of discussions. Lawmakers say the new policy is part of a larger state goal to increase degree attainment (Robles, Denver Post, 5/8).
  • Connecticut: Yale University announced its second-largest gift ever: $150 million from Stephen Schwarzman, co-founder, chair, and CEO of investment firm Blackstone Group LP. The gift will be used to establish a cultural and programming center for students, expected to open in 2020. The center will include lounges, performance galleries, meeting rooms, dining facilities, and virtual communication tools (Korn, Wall Street Journal, 5/11 [subscription required]).
  • West Virginia: Anthony Brutto, 94, is preparing to graduate May 17 from West Virginia University (WVU)—75 years after he began his college education. Brutto started at WVU in 1939 but was forced to leave in 1942, when he was drafted into World War II. Brutto—who spent much of his career as a machinist—says he has been captivated by woodworking and other industrial arts from a young age, and he regularly sculpts wooden birds and sells handcrafted jewelry at independent boutiques (Wyatt, West Virginia University release, accessed 5/12).

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