ERIC Number: EJ586091
Record Type: CIJE
Publication Date: 1999
Reference Count: 0
Changes in the Endowment Spending of Private Colleges in the Early 1990s.
Basch, Donald L.
Journal of Higher Education, v70 n3 p278-308 May-Jun 1999
From 1989 to 1995 the market value of private colleges' endowments grew sharply. This study offers a perspective on the recent use of endowments to support current operations. Comparisons are drawn between actual and optimal endowment spending rates, noting that recent increases in stock and bond markets appear to have brought actual spending rates roughly into line with optimal rates. (Author/CH)
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Authoring Institution: N/A