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<p>Many non-profits have endowments. Look at foundations! Having an endowment does not make a non-profit suspect.</p>
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<p>“A certain amount.” Something more than what’s currently required, I suppose. I’m thinking of the Clery Act, reports on gender equity, on financial aid.</p>
<p>Or a lot wider in scope: IPEDS. IPEDS is a huge reporting effort. and yes, it has a whole section on instructional costs and the price of higher education, such as “the change in tuition and fees; faculty and administrative salaries and benefits; academic support services; research; operations and maintenance; and institutional expenditures for construction and technology and the potential cost of replacing instructional buildings and equipment.”</p>
<p>I don’t want there to be any misunderstanding–institutions are not currently running willy-nilly with no reporting. There is plenty of gov’t oversight. Maybe it’s not the right kind, maybe it doesn’t address costs thoroughly, but it’s there.</p>
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<p>Are you sure about that? Not at my institution. Perhaps we’re unusual?</p>