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Fred Victorin, St. Petersburg Times

Peter H. Armacost, Eckerd's former president, on the trustees: "If they were careless at all, it was because they had such great confidence in me."

AN ENDOWMENT PLUMMETS
Eckerd College is trying to figure out how two-thirds of its funds disappeared without anyone doing anything until it was too late.

COLLEGES' PURCHASING POWER
The largest buying cooperative in higher education, known as E&I, is looking to e-commerce to bolster its business.

ONE UNIVERSITY'S VENTURE IN ASIA
A collaboration between Johns Hopkins and the Singaporean government shows the financial rewards and the cultural challenges that may await enterprising colleges abroad.

The Argosy Education Group, a commercial provider of doctoral and graduate education, is changing its name and its mission.

The National Association of College Stores settled a lawsuit against VarsityBooks.com over accusations of misleading advertisements.

The University of Pittsburgh's demolished football stadium is playing a starring role in a safe-sex campaign.

A family of Louisiana State University alumni painted their house with its colors, to the dismay of neighbors.

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The 1999 Almanac of Higher Education