Colleges Fight Calls to Dip Further Into Endowments Congress wants universities to spend more of their endowments to reduce tuition costs, but colleges say their costs vary a great deal from year to year, and they can't hand out money. Analysts say universities are caught up in a spending binge and feel no incentive to reduce costs.
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Colleges Fight Calls to Dip Further Into Endowments

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Colleges Fight Calls to Dip Further Into Endowments

Colleges Fight Calls to Dip Further Into Endowments

Colleges Fight Calls to Dip Further Into Endowments

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  • <iframe src="https://www.npr.org/player/embed/18615525/18615505" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Congress wants universities to spend more of their endowments to reduce tuition costs. Colleges say their costs vary a great deal from year to year, and they can't hand out money on a regular basis the way other nonprofit organizations do. But many analysts say universities are caught up in a spending binge and feel no incentive to reduce costs.

NPR's Larry Abramson visits Johns Hopkins University.