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No, endowments come from donors by definition. The question is—for schools that are sitting on large endowments—why is tuition so expensive? And why are there s
by mazelife 12y ago
No, endowments come from donors by definition. The question is—for schools that are sitting on large endowments—why is tuition so expensive? And why are there so many cutbacks to things like number of full-time faculty when the school is sitting on a 1.5 billion dollar endowment?
- hga 12y agoThe answer to that is very simple: most endowment gifts are earmarked, seems that donors don't grant blanket trust to to the administrators of institutions. And then there's Princeton (https://www.google.com/search?q=princeton+wilson+school+endowment https://www.google.com/search?q=princeton+wilson+school+endo... and why am I not surprised Wikipedia has no coverage of the most infamous college endowment diversion case in modern history?). Tuition is golden, for it can be spent on anything. And gifts earmarked for tuition relief....