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A comment on MIT expericence after canceling the full Elsevier journals contract. Parent comment

Re:MIT expericence after canceling the full Elsevier journal... by duskwuff on Tuesday August 20, 2024 @11:34PM (#41306544)
Not in the slightest. An academic endowment isn't meant to be spent; the university holds the principal of the endowment and spends from the returns.
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Re:MIT expericence after canceling the full Elsevier journal... by admdly on Wednesday August 21, 2024 @07:32AM (#41309209)
It does indeed look like they’re spending the returns, rather than just sitting on an ever increasing principal which I initially suspected.
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