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4min chapter
What Is College Worth? (with Lee Bollinger)
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Are Universities an Enormous Success Story?
The endowments are for permanence. Theyll only only take four or five % per year of an endowment on the belief that you are operating an institution that will last not just for ten or 50 years, but for hundreds of years. A lot of it is dedicated to financial aid for students. It goes into a supporting students and their needs. Also supports research. If we think thata, brain disease is one of the primary problems we will face as a world ind the years ahead,. Given with the increase in life ctancy, we're going to have epidemics of a brain disorders and alsheimers and so on.
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