alumni

The Company That Could've Been Facebook Goes Back to School

Classmates.com had a decade-long head start in the social networking biz before Facebook came along, but with its pay-to-connect model, it blew its chance to dominate. Now, like a teen buying a term paper, it's buying SchoolFeed, an app that connects you to former classmates ... on Facebook.

Harvard Endowment Has an Excellent Year

F. Scott Fitzgerald wrote: "Let me tell you about the very rich. They are different from you and me." He was right: The rich get better returns on investment. The Harvard endowment rose 21.4% to $32 billion in the university's fiscal year, which ended on June 30.

College Donations Rebound to 2006 Levels

Colleges Donations Rebound to 2006 LevelsAfter falling off during the recession, donations to institutions of higher learning in 2010 recovered to the level they reached in 2006, but after adjusting for inflation, giving was still 8% lower than in that year, according to the Voluntary Support of Education survey.