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A comment on Penn to reduce graduate admissions, rescind acceptances amid research cuts. Parent comment

Re:Penn to reduce graduate admissions, rescind acceptances a... by SJC_Hacker on Saturday February 22, 2025 @09:38PM (#43145840)
But they can use the interest.

A $20 billion endowment at a 5% ROI is $1 billion per year

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Re:Penn to reduce graduate admissions, rescind acceptances a... by garden_hermit on Saturday February 22, 2025 @10:17PM (#43146112)
The interest is already what they are using. That is what all these scholarships and endowed chairs and so on are paid with.
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