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From the article > Together with all of American higher education, Cornell is entering a time of significant financial uncertainty From Wikipedia >As of 2024
by jimnotgym 2y ago
From the article
> Together with all of American higher education, Cornell is entering a time of significant financial uncertainty
From Wikipedia
>As of 2024, Cornell University has an endowment of $10.7 billion
- ricardobeat 2y agoCheck the top discussion for some perspective on what that really means. This barely covers two years of operation, funds have a lot of use restrictions by donors, and you can only spend cash once.
- jimnotgym 2y agoI'm more than aware of that. It gives one considerable flexibility however to have such a large fund. There is no suggestion in the discussions that the College will lose all of its other income, this would allow considerable time to weather and temporary storm