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Jul 8, 2020
3:41:47pm
RockyBalboa All-American
How does a University with 27+ Billion $$$ endowment cancel 11 sports?
First off I admit I know little to nothing as to how an endowment is supposed to work. I don't know if there are specific rules set in place for what the money can and cannot be used for.

But if they have 27 Billion to use....how is it they can't use some of that to support the sports they're cutting? Is it simply the optics of it? That a prestigious university would dare use that money for athletics? I honestly don't know.

Someone who has a better understanding of this please explain it to me.
This message has been modified
Originally posted on Jul 8, 2020 at 3:41:47pm
Message modified by RockyBalboa on Jul 8, 2020 at 3:42:22pm
RockyBalboa
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RockyBalboa
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