Study: Endowments of the nation's colleges, universities report strong year

  • by: KIMBERLY HEFLING , Associated Press
  • Updated: January 28, 2014 - 1:26 AM

WASHINGTON — The nation's college and university endowments — often used to fund scholarships and professorships — had strong growth last year, according to a report released Tuesday. That's a bit of good news for higher education institutions under pressure to hold down tuition costs amid some enrollment declines.

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