Phil Knight, the billionaire co-founder of Nike, has committed $1 billion to his alma mater, the University of Oregon. This donation, to be distributed over a decade, will fund the expansion of the Knight Campus, including new facilities, faculty recruitment, and operational expenses. The initiative aims to establish a comprehensive undergraduate engineering program, focusing on bioengineering and applied sciences. While the university faces a $65 million budget shortfall due to declining enrollment, officials clarified that these funds are specifically restricted to engineering programs and will not address the institution's broader structural deficit. Knight, a 1959 graduate, has now contributed over $2 billion to the university throughout his lifetime. This donation represents one of the most significant philanthropic gifts in the history of American public higher education, supporting the school's long-term goal of increasing student capacity and research output.
Source : VnExpress International
Photo : VnExpress International
