04-04-2020, 07:23 PM
Stanford had $26 billion as of 2019. While that has definitely gone down as of late, it still has more than enough to pay their workers. Are they holding onto the money as they wait for government support? Or are they just trying to spend as little from the endowment as possible so they can keep trying to catch up to Harvard for the biggest endowment? I think morally/ethically the right thing to do is to spend the money. But in the long run, the good will that would come of doing the right thing will also be worth it.
