Graduates with heavy debt less likely to contribute to their universities

[nancylebov]

http://www.boston.com/news/local/articles/2007/07/09/colleges_fear_debt_puts_damper_on_donations/

A survey of more than 300 young graduates that was released last month found that those who left school with no loans were twice as likely to donate to their alma mater. And those with loans below $20,000 were much more likely to give than those with higher debt, according to the study by two sociologists that was commissioned by American Student Assistance, a Boston-based nonprofit involved in the loan industry.

Link thanks to xiphias.