Large-scale philanthropic 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. This philanthropy in American higher education brought industry and religion together in what was termed the 'Protestant work ethic'. Describe why this was significant to wealthy entrepreneurs. Do you believe it is still significant nowadays? Has this work ethic perspective changed? From your readings, what challenges do present higher education institutions face regarding funding? prepare down some of the possible solutions to such challenges?