Please, please, sir, may I have some more? It's become that instead. Well, you know, and most universities have endowment funds that they've developed over many years that offset the cost of … The university... has an endowment as a land grant university. It's in the form of land. … into financial resources because unfortunately, you can't pay your bills with land. It's got to be turned into cash and hopefully responsibly invested and utilized in a way that makes … (34:02–34:25)
CLAIM
Claims that the University of Alaska's endowment is primarily land-based.
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