Some colleges are abandoning market-based spending policies so they can plan for the future. The University of the South recently joined the group, saying the endowment spending policy most used in American higher education is unnecessarily severe.
Submitted by Ry Rivard on February 26, 2014 - 3:00am
A deal to merge two Christian colleges in the South collapsed. It's not entirely clear why Montreat College and Point University weren't meant for each other, but many at Montreat agree it's a good thing.