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Grassley on Washing the Dishes

“Tuition has gone up, college presidents’ salaries have gone up, and endowments continue to go up and up,? Senator Chuck Grassley of Iowa, the ranking Republican on the Finance Committee, wrote in a letter to the [best-endowed] colleges. “We need to start seeing tuition relief for families go up just as fast. It’s fair to ask whether a college kid should have to wash dishes in the dining hall to pay his tuition when his college has a billion dollars in the bank.?

Boston Globe

[The U of M currently has an endowment of 2.8 billion dollars.]

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