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 Lawmakers target $1b endowments
Lawmakers target $1b endowments
Massachusetts lawmakers desperate for additional revenue are eyeing the endowments of deep-pocketed private colleges to bolster the state's coffers by more than $1 billion a year, asserting that the schools' rising fortunes undercut their nonprofit status. picked by maxriter 6 months ago
tags Massachusetts money revenue college
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headlineLawmakers target $1b endowments
descriptionMassachusetts lawmakers desperate for additional revenue are eyeing the endowments of deep-pocketed private colleges to bolster the state's coffers by more than $1 billion a year, asserting that the schools' rising fortunes undercut their nonprofit status.
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Massachusetts, money, revenue, college
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