Endowments: If not now, when?

This week, we continue our investigation of higher ed budgets by talking endowments. Why aren't schools using them to address the budget crises brought on by the pandemic? None of us are money experts, so we welcome a special guest, Kelly Grotke (@kgrotke2), to explain endowments to us. Kelly Grotke is an independent scholar and researcher with over 15 years of experience in securities valuation. She is a boardmember overseeing the 1833 Just Transition Fund, which raises money to support union staff laid off by Oberlin College in favor of outsourced contract labor with lower pay, less job security, and fewer benefits.

Read Kelly's piece on endowments, "Are Endowments Damanging Colleges and Universities":  https://prospect.org/education/are-endowments-damaging-colleges-and-universities/#.YCgH_UFyEu8.twitter

Transcript: https://docs.google.com/document/d/1hXYGlG5XMlnv6-fnrVcUpwTH9oKzu9Y5YXf6J3uTvgA/edit?usp=sharing

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