Community colleges often bill themselves as stepping stones to larger institutions and ambitions. That strategy may work well to get students in the door, but when it comes to fundraising, there’s a problem: Graduates tend to donate to the schools that handed them a degree, which is often the four-year colleges where they continued their educations.
As a result, community colleges lack the endowments, which provide investment income to support their programs, that many four-year colleges and universities have amassed.
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