It is 2013, parents; is Vassar really need blind ?

[CrewDad]

<p>

At private schools with limited endowments (most of them?), it’s whatever percentage that keeps them long-term solvent.

</p>

<p>Your answer is of course correct.

Each year the Board of Trustees determines a level of endowment spending based on a review of factors established under the New York Prudent Management of Institutional Funds Act. In general, Vassar’s policies and procedures for determining the appropriation from endowed funds are designed to balance the needs of the college today against the obligation to preserve the purchasing power of the endowment in the future.

[Endowment</a> Basics - Vassar and the Economy - Vassar College](<a href=“Institutional Research – Vassar College”>Institutional Research – Vassar College)</p>

<p>But my question was directed to nosering. I believe he will have an entirely different perspective, and I’m curious to hear his answer.</p>