[Fresh Wind]

Meanwhile, college endowments are rising too...

Harvard: $27.5 billion
Yale: $16.6 billion
Princeton: $14.4 billion
Univ. of Texas system: $14 billion
Stanford: $13.8 billion
MIT: $13.3 billion
Univ. of Michigan: $6.6 billion
Columbia: $6.5 billion
Northwestern: $6.8 billion
Texas A&M: $5.7 billion
Univ. of Penn: $5.7 billion
Univ. of Chicago: $5.6 billion
Univ. of Calif. system: $5.4 billion

All tax free.

[SeekAndFind]

RE: All tax free.

Makes me wonder how many percent of those tax free endownment are used to help students pay their tuition.

[Fresh Wind]

Correction:

MIT: $8.3 billion
Northwestern: $5.9 billion

[Cowman]

Hmmm... Perhaps we have found the answer to the Obama Deficit.

The IRS needs to go after these rich, bloated universities and make them pay their fair share!

Occupy Academia!!!

[Gandalf_The_Gray]

Meanwhile, college endowments are rising too...

All told that adds up to 141.9 billion which leaves about 86% of outstanding loans hanging in the breeze. It's a start, but not that much of one. I most assuredly think Barky's plan of "loan forgiveness" should never see the light of day.

If you were dumb enough to sign up for $150,000 worth of loans, you get to figure out how to pay it back. Welcome to reality.

Regards,
GtG