Larger endowments — which tend to invest more in private equity and venture capital — didn’t do as well as smaller ones that stuck to investment basics.
“One of the students in the class was making, you know, up to $6,000 to $7,000 a month from her TikTok videos,” says Bloomberg report Claire Ballentine.
The American Rescue Plan earmarked about $77 billion in higher education relief, with a significant chunk dedicated to helping students with costs outside tuition, including housing, food and clothes.