TITLE

Fitch: Higher Ed Sector Seeing Sinking Endowment Returns

AUTHOR(S)
Piazza, Johanna
PUB. DATE
July 2003
SOURCE
Bond Buyer;7/28/2003, Vol. 345 Issue 31686, p34
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Cites a report of rating agency Fitch Ratings Inc. which states that colleges and universities are experiencing declining endowment returns. Reason behind the decline in endowment returns; Source of operating revenue for an institution; Percentage of endowment annually spend by schools.
ACCESSION #
10406680

 

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