Duke raises $2 billion

DURHAM, N.C. — One year ahead of schedule, Duke University surpassed its goal of raising $2 billion, becoming the fifth U.S. university to raise that goal in a single fundraising campaign, The News & Observer in Raleigh reported Jan. 17.

The money will be used for faculty support, scholarships, research and academic programs.

Launched in 1998, the campaign initially had a $1.5 billion goal but raised it two years later to $2 billion.

The four other schools that raised $2 billion, according to The Chronicle of Higher Education, are Columbia and Harvard universities, the University of California at Los Angeles and the University of Southern California, The N&O said.

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