A report issued by Open The Books, a nonprofit watchdog group, revealed that Ivy League schools have benefited from taxpayer subsidies, tax breaks and federal payments from 2010 to 2015, to the tune of $41.59…
Topic: endowment fund
Ivy League Colleges have Big Endowments, about $2 Million Per Student
From the Wall Street Journal: As of 2014, the eight Ivy League schools had 58,982 undergraduate students and total endowment funds on hand of about $117 billion, according to a study from OpenTheBooks. That works…
Fossil Fuel Divestment Would Cost Universities 2%-12% of Endowments
From the College Fix: Colleges that divest from fossil fuels would lose about two percent to 12 percent of their endowment value over a 20-year period — and that does not even include potential losses…
Congressman Propose Colleges use 25% of Endowment Funds to Aid Students
It sounds like a good idea, considering that students can barely afford college now: U.S. Representative Tom Reed says he’s open to modifying a controversial proposal to channel spending from large college and university endowments…
Trick or Treat: Schools Hoard Endowment Money
Most colleges and universities are quick to push for expanded student aid from taxpayers but forget that age-old maxim: charity begins at home. “Last year, Yale paid about $480 million to private equity fund managers…