invest1 publisher
Hiram College pulled 84% of its endowment into the operating budget
More than $47 million came out of a $56 million fund that held 325 separate donor-restricted accounts, and Ohio's attorney general is now negotiating repayment of money the college has already spent. Nearly 200 private colleges did some version of this last year.
Publishers:fortune.com
Reality
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- Hype gap+18
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