Tuesday, October 23, 2007
College Endowments Meet Shaky Markets
Business Week: "To no one's surprise, the College Board reported on Oct. 22 that tuition at public and private colleges for the 2007-08 academic year continued to outpace inflation. But this year adds a new wrinkle—how the recent market turmoil will affect college endowments."
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1 comment:
It is somewhat ironic. They say that you cannot get a very good career without going to college, but with all of these tuition hikes, it makes it difficult to afford going to college. It is also funny that after you attend college, you must spend the next twenty years trying to pay back that school anyway. It seems debt is inevitable.
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