Sociology Professor Charlie Eaton has written an opinion piece for The Hechinger Report, a national nonprofit newsroom that reports on one topic: education
In the face of the coronavirus, some courageous university leaders have stepped up to protect their students, their employees, and their communities. They have maintained essential services for low-income students, refused to lay off employees and begun careful planning…for the fall term.
To weather this crisis and speed a national recovery, universities also need to use some of our nation’s biggest untapped rainy-day funds: their endowments.
With $600 billion in assets as of 2017, the combined value of U.S. university endowments exceeds the most recent Covid-19 relief package passed by Congress. In the wake of a global historical crisis, we cannot afford to let such a massive resource sit idle.
See the entire article here.
