By Jeffrey R. Brown,Caroline M. Hoxby
The reviews during this quantity discover how a number of practices at associations of upper schooling, corresponding to the drawdown of endowment assets, the awarding of economic relief, and spending on study, spoke back to the monetary quandary. The experiences research universities as fiscal agencies that function in a fancy institutional and fiscal atmosphere. The authors learn the position of endowments in collage funds and the interplay of spending rules, asset allocation techniques, and funding possibilities. They display that universities’ habit should be modeled utilizing fiscal principles.
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