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Nicklin, Julie L. – Chronicle of Higher Education, 1994
A weak stock market has resulted in lowered returns on college endowment investments. Many institutions had funds tied up in American stocks and bonds, which performed poorly. Although most institutions say their endowed programs or scholarships are not adversely affected, some programs are being reduced or eliminated as a result. (MSE)
Descriptors: College Administration, Economic Change, Economic Climate, Endowment Funds