1. dailynews

Endowments at 76 colleges surpass $1 billion

Jan. 24, 2008
Critics say higher-education institutions should use wealth to lower tuition

The number of colleges and universities boasting endowments of $1 billion or more climbed by 14 last year to a record 76. As tuition increases continue to outpace inflation, that's prompting some critics to step up their pressure on colleges to share more of their wealth.

Click here to read the USA Today article.

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