Harvard has 2,000 students per year and a $50 billion endowment. That is enough to refund $500,000 to every student they've had for the past 50 years. Why are

Harvard has 2,000 students per year and a $50 billion endowment. That is enough to refund $500,000 to every student they've had for the past 50 years. Why are universities hoarding so much money? https://www.highereddive.com/news/how-20-largest-college-endowments-changed-2022/642997/ https://www.highereddive.com/news/how-20-largest-college-end... Why are universities hiring so many administrators in relation to professors and students? https://www.usnews.com/education/articles/one-culprit-in-rising-college-costs https://www.usnews.com/education/articles/one-culprit-in-ris...