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50 Years of ERIC
50 Years of ERIC
The Education Resources Information Center (ERIC) is celebrating its 50th Birthday! First opened on May 15th, 1964 ERIC continues the long tradition of ongoing innovation and enhancement.

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ERIC Number: EJ623437
Record Type: CIJE
Publication Date: 2001
Pages: N/A
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: ISSN-0009-5982
How Billion-Dollar Endowments May Change 2 Institutions: Swarthmore Hopes To Preserve Its Elite Status; Penn State Wants To Finance Its Ambitions.
Pulley, John L.
Chronicle of Higher Education, 47 n24 pA34-36 Feb 2001
Contrasts the reactions of Swarthmore College and Pennsylvania State University as the endowments at both institutions topped the billion dollar mark in 2000. Swarthmore uses its endowment to assure that financial need is never considered in admissions decisions, but does not touch the principal. At Pennsylvania State, tuition is more affordable, but some of the endowment must be spent each year to meet the needs of this public university. (SLD)
Descriptors: Donors, Educational Finance, Endowment Funds, Higher Education, Money Management, Private Colleges, Public Colleges, Resource Allocation, Selective Colleges, Student Financial Aid
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers: Pennsylvania State University; Swarthmore College PA