03/28/2024

U.S. Colleges: Where Does The Money Go?

Tuition at a better sort of private U.S. college or university today is approaching $50,000 “a year,” which is an academic term that means: twelve months including three months of vacation. I decided to take a look at where that money goes.

As nonprofit institutions, colleges are required to post their financial information publicly. I used, as an example, Colgate University, an elite liberal-arts college that is near me. I don’t think it is better or worse than many other, similar institutions.

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