Detailed text transcripts for TV channel - FOXNEWS - 20170401:01:59:00
Federal government. $854 million per school per year, more than they take in through undergraduate tuition. it's not that they are poor, the combined endowments were $119 billion in 2015. greater than the gdp of 16 states and more than 130 countries internationally. keep in mind that thanks to federal law, those endowments are allowed to grow tax-free. that saves them close to $10 billion in the past six years. are you getting that deal with your investments? probably not. most ivy league professors will say they support higher taxes, of course they do, it could be time to take them up on thei...