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NO ENDOWMENT WOES Merrimack College relies primarily on tuition income for its budget, which President Ronald O. Champagne (left) calls a blessing in disguise. |
As rich rivals cut back, small colleges sell stability
Rely on tuitions, not endowment
The letters and e-mails have been arriving from small private colleges across New England for weeks, delivering assurances to high school seniors and their parents around the country. (Full article: 928 words)
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