FROM Matt Phillips
How Much Money Do Universities Need? It’s graduation month. High school seniors are going off to college, and many parents are figuring out how they’re going to pay for an increasingly expensive education. The schools, on the other hand, aren’t all as cash-strapped. This week, USC got $25 million from trustee Rick Caruso to start a department of head and neck surgery. And Harvard, already the richest university in the world, received a $400 million donation from billionaire John Paulson. Where do big donations to already rich (and expensive) schools go?
Previewing James Comey's blockbuster testimony Former FBI director James Comey testifies Thursday in front of the Senate Intelligence Committee, but his opening statement has been released. In it, he says he felt pressured by Donald Trump to declare loyalty to him and publicly clear him of any wrongdoing in the Russia investigation.