Well-Endowed

University finances are structured to insulate education from the whims of politics — at the expense of students, workers, and the rest of us.

While Harvard University’s recent refusal to yield to the Trump administration should be applauded, its very ability to do so is born of ideological compromise. The making of massive endowments is a more recent development than Harvard’s 389-year history might imply. While fundraising efforts began in earnest at Harvard in the mid-19th century, the university […]

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