Don’t judge a college endowment by its wealth

Forcing schools to spend more of their endowments on easing tuition burdens would put nonprofits on a slippery slope.
In a Los Angeles Times Op-Ed, Cambridge authors Burton A.Weisbrod, Jeffrey P. Ballou and Evelyn D. Asch explain why bigger spending doesn’t always translate to lower tuitions.

In their Oct. 12 Op-Ed articles, Sen. Charles E. Grassley [...]