How much does it take to get your name on a college building?
University of Michigan named their business college after Stephen M. Ross after he donated $100mil to the school. So how much does it take to get a library or dorm hall named after you? And how big is the differential gonna be between getting one at Harvard vs a big state school vs an Amherst/Wellesley/Williams
I went to a non-target undergrad and the price tag was $30M to name the business school, but an alum offered $10M and they accepted. Now his name is on everything.
I'm genuinely curious what would it take to rename Harvard (BS). It's the biggest boy in town and I wonder if any donation would be able to top Harvard's own brand-name. But with all the shit it's gotten itself into, its own prestige is declining
Imagine the “Ackman School of Business” at Harvard
LMAO!
There is a tier of school with enough branding and prestige (Harvard, Stanford, Yale) where I am sure no donation would ever be enough to rename a business or law school. Princeton would also be in there but they don't have any big professional schools.
Even of the top schools you can name, it gets wildly expensive. Only 2 of the T14 law schools are named (Northwestern Pritzker and Penn Carey) and they both took 9 figure donations.(penn 125M in 2019, northwestern 100M in 2015)
And it seems like all the top B schools are named except for S & H, who I don’t think will ever take a name.
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