Things To Do With $100 MillionThree years ahead of schedule, Columbia J-School has met its goal of raising $100 million, thanks in part to a $20 million donation from John Kluge, a rich man who values Ivy League schools over starving children in Africa. The school plans to increase scholarships, start an "academic center focused on the coverage of race and ethnicity," and also get started on the big "Center for Internet Journalism," which will finally teach young people how to write things online. A worthy use of $100 million if there ever was one. Nick Lemann can afford to buy enough paper for his long memos, with enough cash left over to Make it Rain on Them Hoes, if he so chooses. Meanwhile, less upscale schools are forced to do things like this to raise money: The alumni office at Framingham State University recently sent out a fundraising letter that attempted to be cool and appeal to "Generation X" by using the word "blah" 137 times.
"Today, the fact of the matter is that deserving students need help to finance their education. Blah, blah, blah, blah blah," the letter said.
They raised $2,000. Will Framingham State ever make enough money to teach students the internet?