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Honestly we should just stop funding the ivy league schools entirely. Their endowments are large enough to keep them running on the interest indefinitely.
by db48x 2y ago
Honestly we should just stop funding the ivy league schools entirely. Their endowments are large enough to keep them running on the interest indefinitely.
- CaliforniaKarl 2y agoThat’s a broad claim to make. I think it’s worth providing numbers to back up that claim, especially since rates of return can vary a lot: A 6% return one year vs. a 10% return another year makes a huge difference.
- db48x 2y agohttps://en.wikipedia.org/wiki/Harvard_University_endowment https://en.wikipedia.org/wiki/Harvard_University_endowment