The Choice reports (via The Chronicle) that Ithaca College found itself with too many incoming freshmen, and thus offered some students as much as $10,000 to put off school for a year. One has to imagine this expensive mistake was quite avoidable.
Special Report: 5% of the population accounts for 50% of all health care spending. They are the key to health care reform.
Successes of Philanthropy
The investments and innovations that are making a real-world impact, as told by the foundations and philanthropists themselves. A sponsored project by the Washington Monthly.