Quantcast

Latest Endowment policy Stories

a5944aaa62572f578ead3a8f9e87ddfb1
2010-04-26 11:25:00

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. Researchers say the findings show that universities need to re-evaluate investment portfolios and policies to cushion the blow when market downturns wither endowments, a growing economic engine for colleges over the last two decades. "A secretary at Harvard probably had no idea her...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'