President Eisgruber and the Trustees say they have a duty to preserve the endowment in perpetuity. But there is nothing sacred about endowments — nothing noble in their origins, how they reproduce, or their role in society.
It is easy to criticize USG. Many criticisms are fair. Yet every critic should remember that, should they feel such anger against USG, they can join the senate, vote for officers, and give USG the power it needs. If USG is not to your liking, the action that should be taken is not complaining on Tiger Confessions but making USG better.
To help finance its 10-year Capital Plan, the University raised $500 million in bonds in June 2020.
To help finance it's 10-year Capital Plan, the University raised $500 million in bonds in June 2020. Purchasers of these types of bonds generally include large institutionalized asset managers, insurance companies, and a significant minority consists of international buyers, according to Vice President for Finance and Treasurer of the University Jim Matteo.