Is this a new trend?

Linda_S
Mon, 28 Mar 2011 12:59:40 +0000

Yes, the schools will have graduated out all the students who may have been “budget busters.” However, they are now operating on possibly lower “draws” from their endowment for the next couple of years as they most likely all go on a rolling 3-5 year average of the endowment principal. Most take 3-5%. Some policies do not have that % nailed down. So, if on the good years of averages they were taking 3 and on the not-so-good years they take 5, it could equal out.

So, back to the question…is it a trend that will turn around in a year or two maybe? Or it is more likely to stick?