Across the country, universities are being criticized over issues of money: from how they spend their endowments, to how they raise tuition, to how they award financial aid. Many students are feeling the pinch. They’re going into debt to pay for their education, or abandoning their dreams of a college degree altogether. This week on Reveal, we take a look at the bottom line for universities and students. This show contains an update to the original story about the University of Texas System. After it first aired on Dec. 9, 2017, Chancellor Bill McRaven announced his resignation and two of the big-ticket expenditures have been canceled.
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