Many booarding schools have found it difficult to consistently maintain full enrollments. Mercersburg was founded as a boys' school in 1893; it added girls in 1969 to counter a shrinking male applicant pool.
In this day and age, those entrusted with running colleges and universities would be well served by fiscal conservatism. However, my fiscal conservatism was not the limiting principle that most would expect.
We need more articles to analyze whether growing endowments yield better educational results. College endowments are simply not hedge funds where the only thing that matters is quarterly or annual returns.
By keeping their massive endowments in big banks, colleges inherently support the behaviors of those banks and everything those banks invest in. And those things happen to constitute the seeds sowed from which we now reap this crisis.
As students, what can we do? How can we help grow the #occupy movement and empower the 99%? We can do more than hold signs, hand out flyers, and post on Facebook. We can change the way our universities bank.