3 ms·
The govt has frozen about $584 million in grants to UCLA. The endowment won't last very long if they spent it to replace that. Furthermore, endowment money ofte
by noelwelsh 1y ago
The govt has frozen about $584 million in grants to UCLA. The endowment won't last very long if they spent it to replace that. Furthermore, endowment money often has conditions that prevent it being spent freely + it is used for other things.