College and university foundations have been raking in the dollars in the past few years due to big investment returns. Millions
of dollars have flowed in.
As IBJ reporter Tracy Donhardt wrote in this weekendâ??s paper, critics say more of the largess should be directed toward helping students afford a college experience.
Endowment officials counter that returns havenâ??t always been so good, so theyâ??re reluctant to part with too much of the money. Besides, some argue, too many parents donâ??t save for college and then expect others to cough up the money as if the education were a birthright.
Should more foundation earnings be earmarked to help with tuition?
As IBJ reporter Tracy Donhardt wrote in this weekendâ??s paper, critics say more of the largess should be directed toward helping students afford a college experience.
Endowment officials counter that returns havenâ??t always been so good, so theyâ??re reluctant to part with too much of the money. Besides, some argue, too many parents donâ??t save for college and then expect others to cough up the money as if the education were a birthright.
Should more foundation earnings be earmarked to help with tuition?
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As for what Brian says...the university I work for has reeled in spending for the past several years, so I don't see that as a viable culprit.