UMass’ Investment Portfolio: As UMass backs out of a commitment to consider divestment, a Shoestring investigation reveals its endowment has millions indirectly invested in defense contractors and other entities targeted by student activists.
The real culprit here is the diminution of US productive capacity and supply chain disruption caused by four decades of neoliberal policies – disinvestment, deregulation, outsourcing - which have prevented supply-side measures to bring prices down.
Trillions of dollars of investments are being taken out of carbon-intensive companies. Governments must now take notice
Since the founding of public higher education, our nation has moved progressively toward expanding the doors of access. But in the last generation, we have moved in the opposite direction. State higher education funding on a per-student basis is lower today than it was in 1980. Federal financial aid no longer provides grants robust enough to defray the rising cost of college.
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