Swarthmore College Resists Demands to Divest from Fossil Fuels

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Fossil fuel divestment is not an option for Swarthmore College, per its board of managers, since divestment would cause a significant financial issue for the college. Per an e-mail last week, board chairman Salem Shuchman wrote that the board has to make sure any action regarding its endowment has to be practical, as the college has become “increasingly reliant” on its endowment. The chairman also noted that its financial aid has increased lately, which stresses its endowment fund.