With a global recession unfolding, it’s tough to come up with funding for college these days, perhaps even more so if your destination is one of the world’s most expensive universities. Aside from the general problem of rising tuition fees, the credit crunch has dented endowments. Not good news for many private American colleges and universities, which are the priciest in the world.

Despite Poor Economy, Coaches Still Making Bank
Gas is $4 a gallon—and rising. The economy is struggling. Some believe the worst is yet to come.
But you can’t tell it by college football coaches’ salaries. They’re breaking the bank.
In 1995, Bobby Bowden became the first $1 million coach in college football. Now, the average salary for h… Click to read more