"...many of you have asked why an institution with a $46B endowment is freezing salaries, rescinding job offers, refusing to adjust tenure tracks, and laying off staff instead of using an endowment the size of Iceland’s GDP to keep our community afloat."https://www.mcsweeneys.net/articles/a-university-president-responds-to-those-who-have-suggested-the-school-should-dip-into-the-endowment …
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"All things flow to the endowment and from the endowment"
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It would be funny if it wasn't true
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