The New York Times: Endowments Widen a Higher Education Gap
Allan T. Demaree, a retired executive editor of Fortune magazine, gladly makes donations to Princeton University, his alma mater, even though he knows it has become one of the wealthiest educational institutions in the world. His son, who also went to Princeton, points to its endowment of $15.8 billion, and will not give it a penny.
Follow
