It's more than that. At Columbia, the Provost said that there are five main sources of income: endowment, fundraising, research funding, clinical income, and tuition—and right now, all are down. But in 2008, losses in the first two were offset by stability/gains in the other 3.
Even corporate contracts have force majeure clauses... I guess we shall see how different institutions react.
-
-
Also see https://www.acenet.edu/Documents/Understanding-Endowments-White-Paper.pdf … — most endowments are actually quite small.pic.twitter.com/sizISNOEGy
-
Yes, the tweet was about those with many billions of dollars. I totally get the crisis of everyone. I have been at places with small endowments, and that I get.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.