Edgewood College lands one of largest donations in its history
Edgewood College has landed one of the largest donations in its 90-year history, receiving an anonymous $7 million donation that will boost its endowment nearly 18 percent.
Its encouraging news for the small Dominican school, which is often overshadowed by the neighboring UW-Madison and, like many liberal arts schools, has grappled in recent years with a decline in student enrollment and rising tuition.
For the first time since 2008, the colleges full-time enrollment dipped below 2,000 students last fall. And the number of full-time undergraduate students dropped about 20 percent from 1,681 students in the fall of 2013 to 1,361 in 2017 though part-time students have helped offset some of this.
Its a pretty disruptive time in higher education, Edgewood College president Scott Flanagan said in an interview with the Wisconsin State Journal.
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