Buffett Chides College for Not Cutting Tuition as Endowment Grew

At the annual meeting for his Berkshire Hathaway Inc., Warren Buffett criticized a college that expanded its endowment but didn’t cut tuition or boost enrollment.  While he didn’t name the school, it’s clear to officials at Grinnell College which institution he’s talking about. The liberal arts school in Iowa, with a $1.8 billion endowment as of June 2015, said Buffett’s facts about enrollment aren’t correct.