WUSET
WUSET is in need of revision
On Oct. 28, Student Life published an article discussing the recently formed student group called Washington University Students for Endowment Transparency (WUSET), a “New student group pushing transparency in endowment.” WUSET, acting in support of a group known as the Responsible Endowments Coalition, has begun to gain recognition on campus, claiming it promotes “responsible” investments.
New student group pushing transparency in endowment
Despite the improving national economy, Chancellor Mark Wrighton reported earlier this September that as of June 30, 2009, the market value of Washington University’s endowment, about $4.2 billion, is down by 30 percent from its peak value two years ago, and the University anticipates an annual deficit of $30 million through fiscal 2011 and beyond.
