Should colleges worry over plan to cap deductions?

Published December 3, 2012 6:56pm ET



The scenic campus of Colgate University in upstate New York is enjoying more than a fresh coat of paint these days.

New buildings include the Robert H.N. Ho Science Center and the Trudy Fitness Center. The Case Library was refurbished and renamed, and includes the new Geyer Center for Information Technology. There’s also $142 million in the coffers for financial aid — all the fruits of a recent $480 million fundraising campaign.

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