misk@sopuli.xyz to Business@lemmy.worldEnglish · 24 days agoUS Elite Colleges Have a Looming Money Problemwww.wsj.comexternal-linkmessage-square1fedilinkarrow-up12arrow-down11file-text
arrow-up11arrow-down1external-linkUS Elite Colleges Have a Looming Money Problemwww.wsj.commisk@sopuli.xyz to Business@lemmy.worldEnglish · 24 days agomessage-square1fedilinkfile-text
Mirror: https://archive.is/2024.12.25-100513/https://www.wsj.com/us-news/education/elite-colleges-have-a-looming-money-problem-f20ba0fa
minus-square_corelinkfedilinkEnglisharrow-up3·24 days agoNo they don’t. The elite unis have millions in trust that they never touch. They rely on alumni fundraising, govt money, tuition, and selling their brand for their actual income.
No they don’t. The elite unis have millions in trust that they never touch. They rely on alumni fundraising, govt money, tuition, and selling their brand for their actual income.