…Hears his cell ring and answers the phone. On the other end, a voice growls: “It’s 10 PM, do you know where your endowment is?”
That’s right, your school could be investing your tuition money in companies with poor human right’s records, like Nike, or private holders with equally questionable ethics like Bernie Madoff (it happened to Tufts!) Unless there is a certain level of transparency, you have no way of knowing where the money is invested.
The Tufts Daily reports that a group of Tufts students and alumni have taken matters into their own hands and formed jumboleaks.org, a forum through which they released an (albeit outdated) list of the University’s investments during a period of 2010.