Colleges guard soaring endowments - The Boston Globe: "The pattern of deep-pocketed universities regularly raising tuition while amassing fast-growing fortunes has drawn unusual scrutiny from government leaders and higher education advocates over the past few months. They say elite colleges are hoarding wealth that could help open their doors to more poor and working-class families.
In Massachusetts, 13 institutions boast endowments of more than $500 million. The Boston area's eight wealthiest schools hold a combined fortune approaching $50 billion."
No comments:
Post a Comment