Donation allows school to construct new building for hybrid business classesA recent donation from an alumnus will allow Drexel University to construct a new building that will cater to its business school, reports BusinessWeek.

The donation, which totaled $45 million, will allow the school to consolidate its business programs in one building and support 500 additional students. Furthermore, the college is developing courses that will be available in a hybrid format, which students take a mixture of web-based and on-campus classes.

College officials told the news source that the school has experienced a 31 percent increase in graduate students over the past decade. They added that they are planning an expansion in Sacramento, California for graduate studies as well as a second campus in Roseville.

"There are programs scattered all over the place," John Fry the school’s president told The Associated Press. "It is time to do this."

Currently, the school enrolls 3,600 undergraduate and graduate students while offering online, on-campus and hybrid bachelor’s, master’s, doctoral and executive degree programs.

Reuters reports that nearly one in four U.S. students currently take at least some college courses online.

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