The gift is a testament to the common interest of the Moore School of Business, the university and Wachovia to increase student diversity through innovative recruiting and retention programs.

Well... I graduated from the business school of Northumberland University in Newcastle.

You're absolutely going to see an uplift in interest in your university. We see it in recruitment efforts, in interest from prospective students, from donors. The amount of attention basketball brings, you can't put a dollar (amount) on it.

That's $6 million in interest cost savings for the university [for a 30-year loan]. It's a tremendous savings for us to be able to take advantage of this, which ultimately lowers our cost of operation.

I think they have seen student need or interest for the major, and the university, via the 2010 initiative, continually expresses the desire to support interdisciplinary studies. Endorsing the GWS major clearly supports this venture on every level of the academy. Supporting the continuing development of a GWS program is strategically smart for any university that wants to stay on the cutting-edge with other institutions.

The chancellor is an individual who has to act in the best interest of the university, taking into account the interest of a tremendously broad range of constituents. We're very interested in hearing what students have to say.