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To: freedumb2003
Harvard has been using its endowment to pay tuition for decades! You are probably thinking of endowments set up for state or public schools ~ there may be restrictions, but not private schools like Harvard.

Some public universities have seperately incorporated and administered FOUNDATIONS that have whatever rules they want. Indiana, a heavily endowed public university, and University of Texas, almost as heavily endowed, benefit from such arrangements.

In digging up facts about how much illegal aliens with in-state tuition were going to cost Texas U and Texas Tech it seemed to me the endowments there paid mostly for institutional upkeep, but there was some directed funding for various 'chairs' ~ and that always takes a load off the school's need for tuition, so it ain't all roof repairs!

21 posted on 12/30/2012 4:49:10 PM PST by muawiyah
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To: muawiyah
Harvard has been using its endowment to pay tuition for decades!

That is what I said. What do you think a scholarship is?

27 posted on 12/30/2012 5:44:17 PM PST by freedumb2003 (MOLON LABE)
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