Penn State Live - President Spanier on the University, the economy and philanthropy

Penn State Live - President Spanier on the University, the economy and philanthropy: "A Message from Penn State's President on the University, the Economy, and Philanthropy

By Graham B. Spanier

It is a sign of the tremendous loyalty of Penn State's alumni and friends that even as many of you have been personally affected by the current economic downturn, you have also taken the time to express your concern about how the University and its students may be impacted. I would like to respond to some of the most common questions that I have heard from Penn Staters in recent weeks. While Penn State, like many other institutions and individuals in our country, will face challenges, our benefactors have helped us to achieve a position of financial stability that will see us through the present economic situation."