Ivy League boasts $140 billion in endowments, will receive $53.7 million in feds’ bailout package

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Ivy League boasts $140 billion in endowments, will receive $53.7 million in feds’ bailout package

The eight institutions that make up the Ivy League enjoy endowments totaling $140 billion, yet the federal government has allocated nearly $54 million to the wealthy private schools as part of the recent CARES Act.