Cash-Strapped Colleges Are Draining Their Endowments to Survive
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Bloomberg's Amanda Albright joins Michael McKee on "Bloomberg Real Yield." Nearly 200 private colleges are draining their endowments to stay alive as they face financial pressure due to declining enrollments and shrinking income. (Source: Bloomberg)
Bloomberg's Amanda Albright joins Michael McKee on "Bloomberg Real Yield." Nearly 200 private colleges are draining their endowments to stay alive as they face financial pressure due to declining enrollments and shrinking income. (Source: Bloomberg)
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