Endowments
Flawed Reasoning on Endowments
Sen. Hillary Rodham Clinton (D-NY) has followed the lead of Sen. Charles Grassley (R-IA) in pushing colleges and universities to make greater use of their endowments - echoing a proposal of the New America Foundation. Needless to say, associations representing wealthy colleges have not reacted favorably. Several…
Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.
Roundup: Week of October 1 - October 5
Wealthy College Endowments Keep Increasing
The endowments of the nation's wealthiest universities continue to soar. Stanford University reported this week that its endowment grew by 23 percent to a staggering $17.2 billion in the 2007 fiscal…
Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.
Roundup: Week of September 24 - September 28
Skirmishing Over Sallie Mae Deal Intensifies
Fighting intensified last week over the proposed buyout of the student loan giant Sallie Mae. A group of investors that had agreed to buy the company are now saying…
Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.
A Way to Increase Socioeconomic Diversity at Elite Colleges
The Senate Finance Committee appears to be moving forward with a proposal that would require wealthy colleges and universities to spend a minimum percentage of their endowments each year - a move which we at Higher Ed Watch strongly support. Private foundations, like the Bill & Melinda…
Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.
Roundup: Week of August 20 - August 24
9.5% Program Cost Taxpayers $3.5 Billion Since 2001
From 2001 to 2006 the Department of Education paid out $3.5 billion under a subsidy program designed to guarantee nonprofit student loan providers a 9.5 percent rate of return, the
Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.
Making Wealth Work
Last week, we discussed the paucity of low-income students at the country's wealthiest colleges and universities. We offered a proposal that would require the richest private colleges to devote a portion of their yearly endowment income to help increase the socioeconomic diversity of their students. Some might argue that there aren't enough qualified underprivileged students…
Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.
Open the Lockbox
In June, we floated a proposal that would require the wealthiest colleges and universities to spend a minimum amount of their endowments to help increase enrollment of low-income students. After taking a closer look at just how inadequately the most affluent private…
Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.
Hoarding Wealth
The leaders of the Senate Finance Committee are considering an intriguing proposal that is certain to infuriate higher-education leaders but could be beneficial for low-income students: requiring some colleges and universities to spend a minimum percentage of their endowments each year.
Note: This post pre-dates Higher Ed Watch's shift to a new publishing system. For the complete original post, including any comments, please click here.
A Ticking Time Bomb?
Quietly amid the hue and cry over the latest student loan corruption scandal, the Senate Finance Committee is scrutinizing a much more esoteric topic in higher education finance: college investments in hedge funds.
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Roundup: News You Need to Know, Thurs., Dec. 14th
Colleges Offering a Wider Variety of Early Admissions Options
Most colleges are not following the lead of Harvard, Princeton, and the University of Virginia in ending binding early admissions. According to a Wall Street Journal article,…
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