College Costs: Response to Senate Finance Committee

Lawrence S. Bacow
Tufts University
February 2008

In January 2008, the United States Senate Committee on Finance requested information from leading American colleges and universities about the cost of education and the role and management of university endowments. The Committee’s original request is available here.

President Bacow responded on behalf of Tufts in late February 2008. His response is available here. It is in three parts:

President Bacow’s letter to the Committee outlining the pressures driving increases in college costs, and the role that endowment distributions play in university finances.
Tufts’ responses to the specific questions posed by the Senate Committee.
Tufts’ statement of investment policy.

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	Biographies Lawrence S. Bacow Adele Fleet Bacow Speeches 2009 Speeches Baccalaureate Address to the Class of 2009 Matriculation Address 2009 2008 Speeches College Costs: Response to Senate Finance Committee Baccalaureate Address to the Class of 2008 Matriculation Address 2008 2007 Speeches Baccalaureate Address to the Class of 2007 Remarks upon receiving an honorary doctorate at the University of Brighton Commencement Matriculation Address 2007 2006 Speeches Testimony before the Secretary of Education's Commission on the Future of Higher Education Baccalaureate Address to the Class of 2006 Matriculation Address 2006 2005 Speeches Baccalaureate Address to the Class of 2005 Matriculation Address 2005 2004 Speeches Baccalaureate Address to the Class of 2004 Hebrew College Commencement Address Matriculation Address 2004 2003 Speeches Issam M. Fares Lecture Remarks Rededication of Goddard Chapel Baccalaureate Address to the Class of 2003 Family Practice Residency Graduation Matriculation Address 2003 2002 Speeches Inaugural Address Baccalaureate Address to the Class of 2002 Matriculation Address 2002 September 11 Memorial Address 2001 Speeches Matriculation Address 2001 September 11, 2001 Observance Community Memos 2009 Memos A Short Homework Assignment Tufts Distinction Awards 2009 Update on the University Budget Faculty and Staff Appreciation Concert Union Organizing Efforts at Tufts Tufts Mourns the Loss of Professor Deborah Digges Reflections on the Lewis Hall Incident The Somerville-Tufts Partnership Bernard M. Gordon Gift The Outlook for 2009-10 at Tufts President's Marathon Challenge 2010 2008 Memos Task Force on Freedom of Expression Tufts Distinction Awards Tufts Medical Center Frank C. Doble Gift Tufts Loan Repayment Assistance Program Summer News and Updates 2009 President's Marathon Challenge Tufts and the Economy Tufts Votes Bonus Days Off 12/26/08 and 1/2/09 Update on Tufts and the Economy Tufts and Bernard Madoff 2007 Memos Executive Director of Institutional Diversity Appointed Message from President Bacow Tragedy at Virginia Tech Islam and The Primary Source Executive Vice President Appointed Tufts Mourns the Loss of Gerald Gill Freedom of Expression at Tufts Recent Gifts from Steven and Michael Jaharis and Steve Tisch Summer News and Updates Holiday Bonus Days 2008 President's Marathon Challenge Update on Tufts' Emergency Alert System 2006 Memos Delta Dental Gift Announcement July 3 Announcement Summer News and Updates December 26 Announcement Message from the Administration Reflections on Events of the Past Week 2005 Memos Message from President Bacow Assistance for Tulane students Update: Hurricane Relief and Tulane University Students Good News Summer News and Updates Exciting News 2004 Memos Message from President Bacow Tufts Mourns the Loss of John Dowling Naming Gift for the Veterinary School News Update and Announcements 2003 Memos School of Veterinary Medicine The 2003 Issam M. Fares Lecture The War in Iraq Supreme Court Rulings Hancock Announcement New Dean of Tufts' School of Medicine President's Marathon Challenge December Holiday Announcement 2002 Memos Freedom of Expression New Provost Appointed Power Outages Tufts Tomorrow Campaign Recent Fundraising Naked Quad Run 2001 Memos September 11, 2001 The September 11 Tragedies New Undergraduate and Graduate Education Initiatives Contact Staff
	v 2008 Speeches > College Costs: Response to Senate Finance Committee > Baccalaureate Address to the Class of 2008 > Matriculation Address 2008	Home » Speeches » 2008 Speeches » College Costs: Response to Senate Finance Committee College Costs: Response to Senate Finance Committee Lawrence S. Bacow Tufts University February 2008 In January 2008, the United States Senate Committee on Finance requested information from leading American colleges and universities about the cost of education and the role and management of university endowments. The Committee’s original request is available here. President Bacow responded on behalf of Tufts in late February 2008. His response is available here. It is in three parts: President Bacow’s letter to the Committee outlining the pressures driving increases in college costs, and the role that endowment distributions play in university finances. Tufts’ responses to the specific questions posed by the Senate Committee. Tufts’ statement of investment policy.
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