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ERIC Number: EJ847948
Record Type: Journal
Publication Date: 2004
Pages: 10
Abstractor: As Provided
Reference Count: 10
ISBN: N/A
ISSN: ISSN-0736-0983
Endowment Spending--A Double-Edged Sword
Basch, Donald L.
Planning for Higher Education, v32 n3 p5-14 Mar-May 2004
The growing ability of private colleges and universities to use a high level of annual endowment spending in support of current operations has been a source of financial strength during much of the past two decades. More recently, however, declining endowments at most colleges have raised concerns about declines in the availability of annual endowment spending. Decreases or stagnation in endowment spending would pose a particular challenge for colleges that have grown most reliant on such endowment support. This article describes these recent changes in endowment support for current operations, analyzes how the budgetary strains have arisen, and suggests ways that colleges may respond to the strains. (Contains 3 notes and 5 figures.)
Society for College and University Planning. 339 East Liberty Street Suite 300, Ann Arbor, MI 48104. Tel: 734-998-7832; Fax: 734-998-6532; e-mail: info@scup.org; Web site: http://www.scup.org/PHE
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A