Attention Colleges Desperate for Cash: Be Careful With the Endowment

By / / Education / 1 minute of reading


By David Jesse

JesseFinlandia-082924.jpg

Illustration by The Chronicle; Photo by Aaron Peterson for The Chronicle; iStock

As the now-closed Finlandia University fought to stay open, it pledged restricted gifts as collateral on a loan. A court fight over the decision demonstrates risks for struggling colleges everywhere.



Source link

About The Author

Avatar of Brooke Perez
Brooke Perez is a news writer at Rude The Podcast, where she covers lifestyle, books, sports, education, and tech. She's also a fan of travel and can't wait to see what the world has in store for her next.

Start typing and press enter to search

Scroll to Top