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by vonneumannstan
359 days ago
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Maybe but most endowments actually have "legally?" bound or otherwise contracted uses in universities. Thats why Harvard can't just tap it's endowment to fund research the current Admin has cut. So I'm doubting that endowments are being used in this way to pay coaches. |
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If the endowment is paying for something that otherwise wouldn't be paid for generally, that's a different story.