Editorial: Increased endowment promises future growth

Ithaca College’s endowment topped $300 million for the first time ever in 2017, an 11.57 percent increase from the previous year’s total. This increase could have a tangible effect on the campus community.     

College endowments are designed with the idea that they can ensure the college can continue on forever. Higher education struggled after the 2008 recession, so to see the college’s endowment rebound and surpass past amounts is reassuring. Because the college’s endowment has...

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