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Northland College borrowed from endowment funds to cover cash flow problems
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Superior TelegramNorthland College borrowed from endowment funds to cover cash flow problems
Prior to its closure last year, Northland College in Ashland borrowed $22 million from its endowment fund to cover its financial shortfall, causing funds to dwindle to $3.3 million this year. The post Northland College borrowed from endowment funds to cover cash flow problems appeared first on WPR.
·Madison, United States
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