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Harvard has a $53 billion endowment. The right wing talking points assume that this is the same for every university. And that it's not earmarked. And that uni

Harvard has a $53 billion endowment. The right wing talking points assume that this is the same for every university. And that it's not earmarked. And that universities should destroy their long term stability so that billionaires can get a tax break (well, destroying universities future is a plus for them).

overfeed 1y ago
Endowments aren't meant to be spent on operational expenses.
epistasis 1y ago
Harvard is renowned for being an extreme outlier on endowments, too. Research universities typically have essentially zero endowment, and what they do have are not applicable to funding the research.