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View Diary: UPDATES: Cooper Union's Admin Threatens Students w Dismissal, Trespass, Denial of Bathroom Access (194 comments)

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  •  not if they're living off the endowment (2+ / 0-)
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    jpmassar, VClib

    if they're using the endowment for operating expenses, they would've had to lock in the losses. a school like Harvard or Yale can afford to let the endowment sit untouched and ride the market back up, while Cooper may have had to realize losses and lock them in.  I'm on a phone, otherwise I'd check the 990 and confirm or refute, but I'd imagine that's part of it.

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