The Ivy League is of course far from this blog’s focus, but it’s still astounding—and difficult to grasp, really—that a university’s endowment could shrink by $11 billion in one year. I wonder how many community colleges you could run for a year with that much money…

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Jesse Singal

Jesse Singal is a former opinion writer for The Boston Globe and former web editor of the Washington Monthly. He is currently a master's student at Princeton's Woodrow Wilson School of Public and International Policy. Follow him on Twitter at @jessesingal.