How colleges manage and spend their money

7:50 AM ET Sat, 30 March 2019

College is expensive, but there is one place in higher education where there's no shortage of money — endowments. There's more than $616 billion worth of endowments assets in the U.S., and lawmakers are starting to question why tuition is still rising if some schools have so much money. Wealthy universities have a lot of purchasing power, and it draws the eyes of both investors and activists. Watch the video to learn how college endowments helped fuel the rise of wealth in higher education.