Princeton to expand enrollment with $30 million gift from eBay CEO

PRINCETON, N.J. - Princeton University has received a $30 million gift from the head of online auction house eBay and will use it to expand undergraduate enrollment for the first time since the Ivy League school began admitting women in 1969. <br> <br> The donation from 1977 Princeton graduate Meg Whitman will go toward the construction of another residential college for underclassmen and the expansion of the student body by 10 percent, President Shirley M. Tilghman said. <br> <br> All freshmen and sophomores live in one of Princeton&#39;s five residential colleges, which include libraries, coffeehouses and theaters. <br> <br> The gift will go toward a sixth, Whitman College, which will provide space for about 500 students. Princeton now has about 4,600 undergraduates. <br> <br> Whitman, who helped turn eBay into a global marketplace with 42 million registered users, serves on Princeton&#39;s board of trustees<br>