News - Financial Endowment
University investment decisions can deepen job losses and other financial cuts when market collapses carve into budget-supporting endowment funds, a new study by the National Bureau of Economic Research found.
By Tamar Lewin Berea College, founded 150 years ago to educate freed slaves and "poor white mountaineers," accepts only applicants from low-income families, and it charges no tuition.
The University of Central Oklahoma has received its largest endowed gift in school history from Raphael Beresford and Ann Beresford in honor of their late son, John Taylor Beresford.
By Peter Schrag In America, among the best ways for those at the upper end of the income scale to pass their advantages to their kids has always been through education - prep schools or residence in high-priced suburbs, travel, test-prep cram courses and, whenever possible, tuition at elite universities.
By Murray Light It is hard to believe, but the fact is that 76 colleges and universities recorded endowments of $1 billion or more during the last fiscal year.
