How does any school system justify a $8.5 investment fund??? I never heard of such. All I ever hear is that they are underfunded. They want us to go out and buy pencils and notebooks for the poor teachers.
This is the state school system, not just one system. Texas is such a huge state thar they have alot of money.
They have to park their oil and gas money somewhere.
Harvard has $50 billion; among public schools Michigan and TAMU are at $17 billion, UVA at $9 billion; they are are the only 3 public institutions in the top 15.
https://www.usnews.com/education/best-colleges/the-short-list-college/articles/10-universities-with-the-biggest-endowments
How does any school system justify a $8.5 investment fund??? I never heard of such. All I ever hear is that they are underfunded. They want us to go out and buy pencils and notebooks for the poor teachers.>> my guess is it the pension fund which is probably very improperly funded any howes.