00:00Of course, it's not like this money's wasted.
00:01It goes right into the school's endowment,
00:04which is used to pay for things like tuition assistance and fellowships,
00:08but mostly to play the stock market.
00:10In 2014, Yale's $26 billion endowment made almost $500 million in hedge funds
00:17and put just under $200 million of that towards its actual students.
00:21So your tuition dollars are making America's 1% rich even before you graduate.
Comments