Don’t miss influential author, in new book, floating idea “in order to avoid an excessive concentration of power within a small number of entities and to enable less wealthy entities to develop.”
Tax likely to remain at current level, at least for now. “The Harvard faculty club should lay in extra scotch for members to drown their sorrows,” according to a tax-policy expert.
Malcolm Gladwell’s critique of university endowments is not misguided, but it fails to ask some key questions.
Policymakers, protection, and power.
As University of Kentucky law professor asks, “Why are we focused only on universities?”
Of the top 50 overall, colleges and universities are more than half. Very few, if any, of either type of the huge funds are clearly controlled by conservatives.
About $1.7 trillion as of 2017.