NAICU - Why the Endowment-Spending Debate Matters Now More Than Ever

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Why the Endowment-Spending Debate Matters Now More Than Ever

Chronicle of Higher Education

March 10, 2010

U.S. Sen. Charles E. Grassley hasn't forgotten about college endowments. And he's not alone. Despite plunging endowment values, colleges continue to face big questions over whether they spend enough of their endowments for society's benefit to justify the tax exemption they get. The events of the past two years are also raising a crop of provocative new endowment questions that deserve center stage in campus boardrooms and faculty senates.

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