University
University
Posted on May 1, 2022
List of colleges and universities in the United States by endowment - Wikipedia
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Students want the government to pay their college debt. The problem isn’t college debt, the problem is the cost of college. Why don’t Democrats call college and university presidents in front of senate panels to explain why college costs are so high and why colleges sit on billions of dollars in endowments and expect the government to pay for students to attend their universities? Why aren’t liberals calling for price controls on college education? Why are the salaries of University and college big wigs so high? Reading the amount of money controlled by universities and colleges is astounding!
List of colleges and universities in the United States by endowment - Wikipedia
Posted from en.wikipedia.org
College
University
Loans
Edited >1 y ago
Posted >1 y ago
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Do you understand how endowments work? Just because universities and colleges have money in endowments doesn't mean they can use that funding however they want. If I donate money to a university for an explicit purpose (like establishing an endowed professorship, or for naming rights, or to establish a research center, etc.), those funds are restricted for those purposes and they can't be diverted for any other purpose. And, many of those universities use whatever discretionary endowment funds they have as a means to provide many, many scholarships.
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LTC Kevin B.
LTC David Brown - Let's be clear. Some endowments are unrestricted. Most endowments have major restrictions. This insight is coming from someone who actually works in higher education, has read the legally binding details on many endowments, and is charged with managing the restricted proceeds from many endowments.
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LTC David Brown
LTC Kevin B. - let’s be clear, I didn’t say how many were and weren’t restricted did I. I didn’t say all did I? I didn’t say some did I. I also read the link I posted so I am pretty clear, are you?
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