NY state budget slashes aid to universities, colleges with $750M endowments — including Columbia, NYU and Cornell

Carl Campanile, Vaughn Golden
Tue, 23 Apr 2024 19:15:06 -0400

A little-known provision in the state budget approved by Gov. Kathy Hochul and the legislature? for the first time slashes direct aid to private universities and colleges that have endowments of at least $750 million.