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The following is a statement from the Association of American Universities expressing support for a request made by a bipartisan group of senators to Education Secretary Miguel Cardona to delay new rules relating to Gainful Employment (GE) and Financial Value Transparency (FVT).
Press ReleasesThe American Council on Education has released a brief clarifying what university endowments are and how they are used. The brief addresses many common misconceptions about the charitable funds universities use to accomplish their educational and research missions.
Leading Research Universities Report