Endowments

Yesterday’s roundtable on endowments organized by Senator Charles Grassley of Iowa led the news this morning. A roundup of some top stories:

• College Presidents Defend Rising Tuition, but Lawmakers Sound Skeptical (New York Times)
• Watching Endowments, Not Legislating Over Them (Inside Higher Ed)
• Lawmakers Ease Pressure for Mandatory Payouts as Colleges Increase Aid (Chronicle of Higher Education)
• Colleges spending wisely? Discuss. (Yale Daily News)
• Endowment Spending Idea Is Attacked by Academics (New York Sun)
  
• Senator Grassley Wants New 990 Tax Form Tailored to Colleges (Chronicle of Higher Education)
• Remarks by President Shirley M. Tilghman on endowments and college costs (Princeton Press Release)