University of Chicago Receives $100-Million Gift

An anonymous donor has given the University of Chicago $100-million, reports the Chicago Sun-Times.

The gift will provide financial aid for roughly 1,200 low- and middle-income students to decrease their loan debt.

While the donor wished to remain unknown, he said he came from a “modest” background and graduated from the university during the 1980s.

In a statement, the donor said that the university “had a profound effect on my life and in particular on allowing me to survive untold failures and persevere in mad adventures that have rewarded me with the financial resources to make this gift.’‘