Abstract
The authors have interviewed many promising students who have deferred attending graduate or professional schools due to a lack of financial resources. The authors reviewed the 10 top-tier private colleges/universities in the country with endowments of more than $1 billion to make recommendations on scholarship and financial aid expenditures.
References
Bernard B (2020) Should universities tap endowments in response to the budget crises brought on by the pandemic (Opinion, 2020). Inside Higher Ed., Washington, DC. Accessed 21 Oct 2020
Casey N (2020) College made them feel equal. The virus exposed how unequal their lives are. The New York Times, May 15, 2020
Chetty R, Friedman J, Saez E, Turner N, Yagan D (2017) Mobility report cards: the role of colleges in intergenerational mobility. National Bureau of Economic Research, Cambridge, MA
Cilluffo A (2019) 5 Facts about Student Loans. Fact Tank, Pew Research, Washington, DC, August 13. Accessed 21 Oct 2020. https://www.pewresearch.org/fact-tank/2019/08/13/facts-about-student-loans/
DeSilver D (2014) By many measures, more borrowers struggling with student-loan payments. Factank, Pew Research Center, Washington, DC. Accessed 11 Oct 2020
Editorial Board (2020) The cities we need. The New York Times, May 20, 2020
Ferguson HT (2020) Should wealthy universities use their endowments during the pandemic? It’s not that simple. National Association of College and University Business Officers. Accessed 29 Aug 2020
Hechinger Report. https://hechingerreport.org/opinion-the-dangerous-message-in-skipping-college/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+HechingerReport+%28Hechinger+Report%29. Accessed 12 July 2020
Howard JE (2008) Abbott v. Burke: a historical analysis of school finance reform in New Jersey. VDM Verlag Dr. Muller, Saarbrucken
Howard JE (2018) Health professions navigator program: an evaluation. Unpublished evaluation performed from 2015–2018
National Center for Education Statistics. https://nces.ed.gov/programs/digest/d18/tables/dt18_331.95.asp. Accessed 12 Oct 2020
Pelley S (2018) 60 Minutes interview with Bill and Melinda Gates, The Millennium Scholars, and Dr. Christopher Eisgruber, President of Princeton University. April 29, 2018
Phung A (2020) How do university endowments work? https://www.investopedia.com/ask/answers. Accessed 17 July 2020
Suskind R (1998) A hope in the unseen: an American odyssey from the inner city to the Ivy League. Broadway Books, New York
U.S. News and World Report. The 2021 Best National University Rankings. Accessed 31 Oct 2020
Westover T (2018) Educated. Penguin Random House, New York
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 Springer Nature Switzerland AG
About this entry
Cite this entry
Howard, J., Scott, L., Howard, D., Freeman, A. (2021). Academic Encumbrances: Endowments Are for Scholarships. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_4102-1
Download citation
DOI: https://doi.org/10.1007/978-3-319-31816-5_4102-1
Received:
Accepted:
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-31816-5
Online ISBN: 978-3-319-31816-5
eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences