November 21, 2008
Endowments Are Both Vital and Misunderstood
Taxpayers must realize how much the funds help students afford college
The topic of higher-education financing — particularly as it relates to the price of college and access for low-income and middle-income students — has been front-and-center with policy makers and opinion leaders and will undoubtedly remain so with the Obama administration and Congress. Recent discussion has focused on the role of university endowments: Do they help with access? Should colleges
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