College is expensive, but there is one place in higher education where there's no shortage of money — endowments. Wealthy universities in the U.S. have a lot of purchasing power, and it's drawing the eyes of investors, activists and lawmakers.
if some schools have billions of dollars. Most schools only spend about 5 percent of their endowment every year. The rest is invested to grow the endowment even larger. And that's where things get complicated.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The legal way the rich get their kids into elite colleges: Huge donations for yearsAs a national college admissions scandal continues to generate public outrage, there are still plenty of wealthy parents who get their kids into school the old-fashioned way — by spending lots of money legally.
Read more »
Britain’s tower blocks, once symbols of poverty, are now for the richLondon has only 360 buildings of 20 storeys or more. But 540 more are in the pipeline, with a spike in completions due this year
Read more »
Here’s how much money Americans think they need to be richHere’s how much money Americans think they need to be rich. via CNBCMakeIt
Read more »
26 Beautiful Pieces Of Decor You Don't Have To Be Rich To Own'Help me, I'm poor.' —me every day of my life
Read more »
Author who studies millionaires: Here's how habits can make you rich—or poorHere's how habits can make you rich, according to an author who studies millionaires.
Read more »
5 things rich millennials do differently with their money than the rest of their generationRich millennials have different financial behaviors and wealth habits than their peers — see how they compare.
Read more »