On Monday, Nathaniel wrote
about college endowments and proposed legislation.
Think
about the college endowments — the top 800 control $ 400 billion in investable assets.
Not exact matches
About 30
colleges and universities may pay a 1.4 percent tax on their
endowment investment returns, including Harvard, Yale and small liberal arts
colleges such as Amherst and Williams.
Nathaniel, I'm not so sure
about your post on
college endowments.
Aren't we better off if billionaires think twice
about adding to already obscene
endowments and give to a local
college or university instead?
What Parents Need to Know: We may expect to hear more from
colleges about exactly how they use
endowment funds to specifically help students.
A growing
endowment is important, he said, as the
college gives out
about $ 35 million in scholarships each year.
He was a member of the divestment movement, urging
colleges and universities to pull their
endowment investments out of oil and natural gas companies and tweeted
about how it was a «sane» position to suggest that «Exxon's actions may have imperiled all of humanity... It's time to divest.»