It seems everyone has an opinion about what colleges and universities should do with their endowments. Use them to lower tuition! Let students attend for free! Improve facilities! Hire more professors! When the National Association of College and University Business Officers (NACUBO) released its annual report on endowments last week, the big numbers grabbed headlines — Harvard’s endowment, the nation’s largest, grew 15%, to $31.7 billion.
Useful info, especially in light of the recent budget cuts at Agnes Scott College.
