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Reply to "100k+ COA is here"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]All colleges should be tuition free for domestic students. I cannot imagine how schools with massive endowments still have the nerve to charge more than $100K a year.[/quote] People do not understand how endowments work. They are mostly restricted to purpose and cannot be used as people wish them used. [/quote] This comment doesn’t understand how endowments work. Mostly restricted doesn’t mean entirely restricted, and even the restricted parts free up other funds to be used for other purposes. In fact, the endowments are often what makes possible the large tuition discounts offered to a huge chunk of students.[/quote]
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