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Mystery Donor Gives $76 Million to Colleges for Scholarships

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Mystery Donor Gives $76 Million to Colleges for Scholarships

No one knows for sure why the specific schools were chosen, but there are some similarities.

College students have it tough these days — scholarship money is scarce and even loans are harder to come by. Endowments are shrinking and the need for financial aid is exploding.

Well, someone took notice — someone with $76 million dollars to spare.

In a mystery worthy of the finest TV detectives, an anonymous donor has given $76 million to 15 schools with two stipulations: the money be used for scholarships and the school never asks who donated the cash.

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