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College and University Discussion
Reply to "Carnegie Mellon and Georgetown - why so low endowments?"
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[quote=Anonymous]There is a research paper out there that makes the point that large endowments actually result in administrations behaving in strange ways against the long term interests of the institutions and become focused on maintaining their power structure within the institution. The paper argues that moderate endowments actually are better for the institutions stakeholders I can't locate the link but it was a very interesting paper. I will post a link here if I find it[/quote]
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