Understanding Princeton's Endowment: A History of Impact
October 26, 2021
October 26, 2021
PRINCETON, New Jersey, Oct. 26 (TNSOps) -- Princeton University issued the following news:
Flash back to the 1970s. Princeton University was in the red and running budget deficits. Building repairs lagged; financial aid resources fell short of student need; salaries failed to keep up with inflation; and new construction projects were on indefinite hold. This was the reality for Princeton then.
Half a century ago, the acute financial crisis facing Princeton and other uni . . .
Flash back to the 1970s. Princeton University was in the red and running budget deficits. Building repairs lagged; financial aid resources fell short of student need; salaries failed to keep up with inflation; and new construction projects were on indefinite hold. This was the reality for Princeton then.
Half a century ago, the acute financial crisis facing Princeton and other uni . . .