By using endowment money to cover low-income students’ tuition, UT Austin fixes a fundamental flaw.
endowment
How Rich Universities Waste Their Endowments
A gusher of oil money has made the University of Texas one of the richest institutions in the country—but hardly any of it goes to financial aid.
One Not-Horrible Thing in the Otherwise Abominable GOP Tax Plan
The bill promises to tax the fattest endowments of elite private colleges and universities.
Ivy League Endowments Under Fire
Liberals and conservatives agree that it’s time for ultra-wealthy colleges to start sharing their wealth.

