How do scholarships not run out of money?

1.42K viewsEconomicsOther

There are scholarships at my University that have been around for a few decades. Do people top them up constantly?

In: Economics

21 Answers

Anonymous 0 Comments

Imagine you had a tree, and it kept growing fruit. As long as you ate the fruit and never ate the tree itself, it would keep giving you fruits. That’s sort of how ‘endowments’ work. 

People say money doesn’t grow on trees, but that’s just for the poor.