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Stanford is facing significant financial pressures
- Rafuino 6y agoThe key point in the thread is that they're giving back their CARES Act funding as they know smaller colleges need it more than they do. Stanford has a $26B+ endowment... they'll be just fine. Harvard, on the other hand, has a ~$41B endowment, and last I read they're taking the CARES Act funding. They're taking a lot of heat for not returning the funding, instead saying they'll "use 100% of it for students." Stanford is taking the higher road here.
- masonic 6y agoStanford has a $27 billion endowment, having doubled in the last decade alone.