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Colleges faced with whether to increase endowment spending as finances grow more dire

The Yale Endowment Justice Coalition is calling for Yale University to help ease the economic burden of the pandemic on students, faculty, staff and the surrounding city of New Haven, Conn.

The group of students and New Haven residents is focused on the university’s $30 billion endowment, which is the third-largest endowment in the country behind Harvard University’s and the endowment for the University of Texas system, according to recent data from the National Association of College and University Business Officers.

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