Universities that cry poor while entertaining themselves lavishly are finding it harder to keep up their public service facade, even in publications that would normally be sympathetic to them.
Topic: endowment
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…
Liberty University to have Targeted Endowment Fund for Israel Studies
From the Campus Reform: Liberty University thinks the trend of divestment from companies associated with Israel presents a golden opportunity—not just for financial gain, but also to deliver a poke to the liberal eye. The…
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…
Sweet Briar College Struggling to Meet Enrollment Goals and Stay Afloat
The college was going to close, but then it isn’t. Yet, the college did not reach their enrollment goals and could close in the long-term, in addition to their newly-installed president announcing he will retire…
Taxing Yale’s Endowment
According to the Wall Street Journal (be aware they have a paywall), Connecticut lawmakers are looking to tax Yale University’s endowment. Photo by thomas autumn photography