To the editor, As an alum and an independent school finance officer, I read with great interest Peter Collings’ two op-ed pieces and Suzanne Welsh’s response on Swarthmore’s endowment spending. They have raised interesting questions about the meaning of intergenerational “equity,” but
I have been asked specific questions as a result of my op-ed concerning intergenerational inequity and Swarthmore’s endowment spending (The Phoenix, March 20, 2014, page 2). This short note contains a bit more data and as a result illustrates the issue more
I write in response to Peter Collings’ open letter, “The Inequity of Swarthmore’s Endowment Spending.” I am often called on to explain why we are not spending more freely from the endowment. For many of the nation’s most prestigious colleges and universities,
Recently a committee of the Board of Managers refused a subcommittee’s request that extremely limited forms of divestment be discussed. Surprised by this, I decided to find out just what Swarthmore’s financial policies are. One aspect of what I discovered disturbs me deeply, compelling me
