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Field, Kelly – Chronicle of Higher Education, 2008
Senator Charles E. Grassley may be backing away from his threat to offer legislation that would require the wealthiest institutions to spend up to 5% of their endowment assets each year. At a panel discussion on Capitol Hill last week, the Iowa senator, who is the senior Republican on the Senate Finance Committee, strongly hinted that he would…
Descriptors: Legislators, Educational Finance, Student Financial Aid, Endowment Funds