Since the beginning of the summer and the start of the global economic collapse, Yale University’s endowment has nosedived, losing roughly 25 percent of its total worth, or $5.9 billion, in only six months.

In an open letter to the community, University President Richard Levin confirmed the drop, but assured distraught Yalies that, despite the...

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I’ve always been told that a good education is priceless. And at Berea College in Kentucky it is! The school uses its $1.1 billion endowment to provide a tuition-free education for low-income families only.
 

That gift comes with a price though. If you want to say hello to learning on the cheap, then be prepared to say goodbye to football teams,...

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