Bearcat 1985
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RE: Could the State Move to Ban or Limit Athletic Subsidies
(07-01-2017 06:11 PM)doss2 Wrote: I repeat the answer is require schools to commit a certain % of the endowment to student loans. You will see loans become more repayable.
Which is illegal. 90% of most university endowments are restricted, which means that if you donated it to endow a chair in French lit, that is what it has to go for. The few universities that have tried to screw around with endowed funds have been slapped down in court.
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07-02-2017 11:01 AM |
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