Expenses Rising Faster Than Revenue For Endowments
Posted on 04/18/2024
College endowments averaged 7.7% returns in FY 2023. The strength in equities over the year will be even more important than usual, as Fitch Ratings recently warned that universities will have a tougher time rolling over debt and securing new loans. This is due to higher interest rates and decreasing enrollment at many colleges. For…
