Re:Penn to reduce graduate admissions, rescind acceptances a...
by sethev on Saturday February 22, 2025 @09:21PM
(#43145719)
Penn's endowment distributed $1.1 billion last year. Endowments like this are managed to last a long time - indefinitely, even.
Penn itself is older than the United States - they're not going to start blowing through their endowment because of political trends over the last couple months (or next 4 years), even if they legally could.
Penn itself is older than the United States - they're not going to start blowing through their endowment because of political trends over the last couple months (or next 4 years), even if they legally could.