Word: grassley
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...Baucus and Charles E. Grassley, the chairman and ranking member of the Senate Finance Committee, requested the information late last month from the nation’s wealthiest schools by endowment size...
...issue of university endowment spending, which has drawn the attention of Senator Charles E. Grassley, came to the fore last week when he and Senate Finance committee chair Max S. Baucus sent letters to the 136 wealthiest colleges in the nation, requesting detailed information about their investments and spending practices...
...Jill Gerber, a spokeswoman for Grassley, said that the Iowa Republican hopes the questionnaires will spark a “national discussion” about the affordability of higher education, but she added that the senators have yet to plan a hearing on the issue and have not endorsed a specific course of action...
...wedded to a mandatory payout requirement,” Gerber said of Grassley. “He always says he doesn’t jump to impose more requirements on any non-profits, including universities...
...Grassley and Baucus have praised recent initiatives by Harvard and Yale to increase financial aid for upper-middle-class families, but Summers said he believed Harvard’s move was independent of the senator’s concerns, contrary to speculation by some in the media...