Higher ed taps deeper into endowments.

The article focuses on the "NACUBO-Commonfund Study of Endowments" released in January 2015. It mentions the study revealed use of endowments by the U.S. colleges and universities to compensate for declines in revenue sources such as tuition and public funding. It include comments from John Walda of the National Association of College and University Business Officers (NACUBO), on endowments. It adds the survey on money spent on scholarships, financial aid, research and other activities.