Princeton University, the alma mater of John Bogle, awarded the Vanguard founder an honorary doctorate degree for his contributions to financial services, reports the Princeton Packet. The 76-year old fund activist graduated from the school in 1951, magna cum laude with a B.A. in Economics.

Bogle was awarded the degree during Princeton's commencement ceremony, along with five others: Anne d'Harnoncourt, director and chief executive officer of the Philadelphia Museum of Art; J. Lionel Gossman, Princeton's M. Taylor Pyne Professor of Romance Languages and Literatures Emeritus; Yo-Yo Ma, award-winning cellist; Vera C. Rubin, a dark matter astronomer; and Wole Soyinka, Nobel laureate and writer.

Bogle has already racked up honorary doctorate degrees from the University of Delaware, University of Rochester, New School University, Susquehanna University, Eastern University, Widener University, Albright College, Pennsylvania State University, and Drexel University.  

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