From University World News: “Elite American colleges and universities are not using increases in their large endowments to facilitate access to these schools by the nation’s poorest or students of colour, says a just-released study, a finding that contradicts what these universities and colleges self-reported on questionnaires completed for the National Association of College and University Business Officers. In 2018, elite schools self-reported that they allocated 49% of income from the growth of their endowments to financial aid – when the actual figure is closer to 10%, says a new study by University of California, Santa Cruz economics professor George Bulman.”
Wooden lecture chairs arranged in the classroom. Empty college classroom with many wooden lecture chairs but no students. Back to school concept.
