Australian universities look for benefactors to close funding gap

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    Philanthropy is becoming big business for Australian universities as they seek to prop up income from government and student fees.

     

    With the University of Sydney set to sell a donated Picasso for an expected $18 million tomorrow, the tertiary sector is embracing new methods of gleaning gifts.

     

    Some universities in NSW employ their students in call centres to help raise donations. They ring alumni to ask them to invest in a stranger's future.

     

     

    Read the full article by Yuko Narushima in the Sydney Morning Herald, published 21 June 2011