Alice Walton to Receive Honorary Degree from the University of Arkansas

[rfranklin]

3. Show me the money! That's what this is about...

The more money you pour into a university's coffers the greater the honors you receive. For a few thousand you get football tickets. For $20 million they name a building after you. For $300 million you get an honorary degree.

UNIVERSITY OF ARKANSAS RECEIVES $300 MILLION GIFT, LARGEST IN HISTORY OF U.S. PUBLIC HIGHER EDUCATION


Thursday, April 11, 2002





FAYETTEVILLE, Ark. - The University of Arkansas today received the largest gift in the history of American public higher education - a $300 million commitment from the Walton Family Charitable Support Foundation of Bentonville, Ark., to establish and endow an undergraduate honors college and endow the graduate school.

"This unprecedented generosity from the Walton Family will transform the University of Arkansas for our students and faculty, and in the process position us to serve as a powerful engine of economic development and cultural change for the entire state," said University of Arkansas Chancellor John A. White. "What the Walton Family has done today will improve life in Arkansas for generations to come, and we are grateful beyond words.
http://newswire.uark.edu/article.aspx?id=12814