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22 July, 2008

What do US universities do with the money they collect?

Some US universities like Harvard, Yale and Stanford have enormous endowments, tens of billions of dollars, and receiving more. But NAM contributor Cristina Cordova, a Stanford student, says that they are not being charitable enough when it comes to supporting their own students and their communities.

"Give back." "Donate." "Be charitable." Maybe these elite universities need to be taking more of their own advice, she says in a commentary distributed by New America Media.

See University Endowments: Charity Begins and Stays at Home

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