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The Boston Globe

Business

Amherst College raises $500m, beats goal

AMHERST — Amherst College has surpassed its fund-raising goal in a five-year campaign by nearly $80 million.

The fund-raising drive realized about $502 million. It began in October 2008 as the stock market plunged at the beginning of the worst recession in decades, causing the liberal arts college’s endowment to lose about one-fourth of its value.

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