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I'm not getting mixed up about the direction the money flows; see my quote down-thread: "endowments come from donors by definition" When asking why is tuition
by mazelife 12y ago
I'm not getting mixed up about the direction the money flows; see my quote down-thread: "endowments come from donors by definition"
When asking why is tuition growing, I was saying exactly what you state: that for universities that are focusing on increasing the size of their endowments, something has to cover the costs that would formerly have been funded by endowments, that "something" being tuition.
- smeyer 12y agoI misunderstood you; thanks for the correction. I still think the useful data here is the fraction of the endowment income that goes towards expenditures, rather than the raw size of the endowments, but I definitely see where you're coming from. I wonder what fraction of the rise in tuition has to do with this.