Philanthropist Robert Day has donated $200 million to his alma mater Claremont McKenna College in Los Angeles, the college reported today. The gift will create the Robert Day Scholars Program. Claremonet McKenna said it is "the largest recorded gift to a liberal arts college, the largest gift in the field of economics and finance, and among the top 20 gifts ever given to a college or university."




The scholarships created by the gift will shift the emphasis of the small liberal arts college toward finance and accounting. That has created debate on campus among the faculty, according to University Business.