Colleges Fight Calls to Dip Further Into Endowments

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.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.