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Senator's letter to Big Ten presidents: Private equity 'unlikely to align' with academic goals

By AP NEWS   |   1 month ago
Senator's letter to Big Ten presidents: Private equity 'unlikely to align' with academic goals

Sen. Maria Cantwell warns Big Ten presidents about potential negative consequences of moving into private equity, impacting tax-exempt status and academic goals. Cantwell raises concerns over lack of transparency and alignment with universities' educational mission.

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