Literaturnachweis - Detailanzeige
Autor/inn/en | Milton, Ross T.; Ehrenberg, Ronald G. |
---|---|
Institution | Cornell Higher Education Research Institute (CHERI) |
Titel | University Endowment Growth: Assessing Policy Proposals |
Quelle | (2014), (20 Seiten)
PDF als Volltext |
Sprache | englisch |
Dokumenttyp | gedruckt; online; Monographie |
Schlagwörter | Endowment Funds; Program Proposals; Universities; Colleges; Higher Education; Educational Finance; Financial Policy; Taxes; Simulation |
Abstract | The growth of college and university endowments, particularly those of elite schools, have drawn the attention of policymakers and pundits. Using a decomposition of the growth of endowments between 1991 and 2010 we simulate the effects of three prominent proposed policies had they been implemented in 1991 on endowment payouts through 2010: (1) a minimum spending rule, (2) removing full income tax deductibility of donations, and (3) taxing total endowment sizes beyond a given size. We find that a minimum spending rule increases the average size of endowment payouts for all quartiles of the endowment distribution in nearly all years of the sample period and has a modestly larger relative impact on richer schools. Removing tax deductibility decreases endowment payouts with its effect increasing over time. It has a larger relative impact on schools with smaller endowments than on richer schools. (As Provided). |
Anmerkungen | Cornell Higher Education Research Institute. ILR-Cornell University 273 Ives Hall, Ithaca, NY 14853. Tel: 607-255-4424; Web site: http://www.ilr.cornell.edu/cheri |
Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
Update | 2020/1/01 |