Big scale philanthropy contributors who offered substantial gifts like foundations, trusts and estates were essential to higher education budgets in order to pay for salaries services and the construction of new buildings. The transformation of philanthropy in American higher education was the coming altogether of industry and religion in what was termed the 'Protestant work ethic'. Describe why this was significant to wealthy entrepreneurs. From your readings, what challenges do present higher education institutions face with regards to funding? What are some of the possible solutions to such challenges? Do you believe it is still significant today? Do you believe this work ethic viewpoint has changed in higher education nowadays?