Problem: the financial managers of the endowment earn more in fees than is provided to the university for tuition coverage and support of research and facilities.
The NY Times has an interesting opinion piece (I found it interesting, YMMV) which can be accessed here: http://www.nytimes.com/2015/08/19/opinion/stop-universities-from-hoarding-money.html?emc=edit_th_20150819&nl=todaysheadlines&nlid=389166&_r=0 Perhaps the endowments would not provide investment returns without these managers but should they be paid more than the amount used to cover tuition costs and student fees? -Mike Palij New York University [email protected] --- You are currently subscribed to tips as: [email protected]. To unsubscribe click here: http://fsulist.frostburg.edu/u?id=13090.68da6e6e5325aa33287ff385b70df5d5&n=T&l=tips&o=46403 or send a blank email to leave-46403-13090.68da6e6e5325aa33287ff385b70df...@fsulist.frostburg.edu
