Misunderstanding how endowments work puts scholarships, research, and students’ futures at risk—and distracts from the real threat facing higher education today.| Higher Education Today
Endowments have long been considered elite investors, but outdated strategies and skyrocketing costs are eroding their edge| CFA Institute Enterprising Investor
Insitutional investors who have doggedly pursued active management should heed the advice of tennis great Bill Tilden: “Never change a winning game; always change a losing one.”| CFA Institute Enterprising Investor
Universities, private equity, Blackstone, student housing, illegal immigrants, and smart hubs all converge in this master buyout of America.| coreysdigs.com
The Ohio University professor emeritus talks to Michael E. Hartmann about whether tax-incentivization is a subsidy, the taxation of endowments in higher education, Milton Friedman’s 2003 e-mail to him about negative externalities in higher ed, whether there might also be negative externalities in philanthropy, and the taxation of endowments in philanthropy, as well as a little about the Ohio Bobcats’ football team.| the Giving Review
The Ohio University professor emeritus talks to Michael E. Hartmann about the academic study of economics overall and applies a basic, general economic concept or two in the context of charitable giving to higher education.| the Giving Review