More Pain for College Endowments
Reader Comments
How quickly the world turns
Your article makes me recall Glen Beck's rant on the obscene amounts that colleges were bringing in each year on their endowments: http://www.cnn.com/2008/US/05/14/beck.collegeendowment/index.html. How quickly the world turns.
Endowments, well used (e.g. Berea College), can be such a powerful tool, it is sad to see them get hammered by the markets.
