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Copyright 2008 Kept-up Academic Librarian

Kept-up Academic Librarian

April 22, 2008, Tuesday 8:34 AM EST

HEADLINE: The Things They Can Do With Their Endowment

BYLINE: steven bell

BODY:

Apr. 22, 2008 (Kept-up Academic Librarian delivered by Newstex) --

Ronald G. Ehrenberg, a Cornell economist who studies higher education, marvels at some of the things Princeton can do with its money. Forget for the moment the hundreds of millions of dollars it spends on research projects and academic departments. Or that as far back as 2001, it replaced student loans with outright grants, a move that other universities with less-deep pockets are scrambling to match. A look at how Princeton goes about spending its endowment bounty provides some insight into the priorities of one of the countrys wealthiest universities. Read more at:

http://www.nytimes.com/2008/04/20/education/edlife/princeton.html?em&ex=1208836800&en=05b3bdd62624e16d&ei=5087%0A

Newstex ID: KUAL-0001-24682524

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