> there are absolutely kickbacks for people in control of those endowments choosing specific investment options with their many billions of dollars This is a f

> there are absolutely kickbacks for people in control of those endowments choosing specific investment options with their many billions of dollars This is a form of corruption that is present whenever anyone manages an investment fund, and not only specific to school endowments. This is why investment managers are licensed, and taking this kind of bribe could result in criminal penalties.