EconomyCash-Strapped Colleges Are Draining Their Endowments to Survive
Financially strained colleges are drawing down their endowments to stay afloat. Like borrowing from a 401(k), the move may ease short-term pressure but creates major risks over the long term.
B
Bloomberg News★★☆☆☆2026-08-31 14:00Original
Cash-Strapped Colleges Are Draining Their Endowments to Survive
Economy