Word: mckenna
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According to Robert McKenna, president of the Rhode Island Independent Higher Education Assistance Corporation, officials of many universities misunderstand the purpose of endowments, which were originally established to "protect the education of future generations...
Universities which devote between 16 to 25 percent of their budgets to pay for financial aid "sacrifice the needs of the future to those of the moment," McKenna said...
...family is extremely stressed. The federal and state government have a serious problem in commitment," said McKenna...
...Knapp and McKenna said they were hopeful that President-elect Bill Clinton's administration would provide much needed funds for higher education...
...United States Senate, this region has a lot of power," McKenna said...