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Colleges and universities have billions stashed away in endowments; here's what they are

Summary by WGN 9
(The Conversation) - With the Trump administration seeking to cut federal funding for colleges and universities, you might be wondering whether the endowments of these institutions of higher education might be able to fill those gaps. Todd L. Ely, a professor of public administration at the University of Colorado Denver, explains what endowments are and the constraints placed on them. What’s an endowment? Endowments are pools of financial invest…

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WGN 9 broke the news in Chicago, United States on Sunday, April 27, 2025.
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