Tag: Earnings

  • Johns Hopkins Taps Endowment Earnings for Research Funding

    Johns Hopkins Taps Endowment Earnings for Research Funding

    Johns Hopkins University is turning to earnings on its $13.2 billion endowment to preserve research and protect researchers, trainees and staff amid drastic cuts to federal funding, The Baltimore Banner reported Monday.

    Since President Donald Trump started his second term in January, federal agencies have terminated or stalled billions in research grants to colleges and universities in a move scientists and higher education advocates warn will decimate university budgets, slow scientific innovation and hurt local economies. Johns Hopkins estimates that it has so far lost 100 federal grants, while others remain under review by the Trump administration to ensure they align with the federal goal of rooting out diversity, equity and inclusion, among other things. As a result, the university said it’s approaching $1 billion in federal funding losses so far this year.

    While Trump and his allies have suggested universities can use their endowments to fund research, officials at Johns Hopkins—which received more funding from the National Institutes of Health in 2024 than any other university—said Monday that’s not so easy.

    “It’s a common misconception that universities can simply ‘use the endowment’ in moments like this,” university officials said in a statement. “The reality is that most of our endowment is made up of legally restricted funds designated by donors for specific purposes. The principal of the endowment must legally be preserved in perpetuity—to support Johns Hopkins’ mission now and for future generations—and cannot be drawn down like a reserve fund.

    “That said, we are using flexible resources—some of which are tied to endowment earnings—to help sustain critical research in this moment of uncertainty.”

    Johns Hopkins hasn’t disclosed how much total earnings it plans to take from its endowment to help faculty and students continue their research, according to a news release.

    But in the plan released Monday, it said individuals will receive up to $100,000 for delayed grants or $150,000 for terminated grants during a 12-month period. The university will also offer a year of support to Ph.D. students completing their dissertations and postdoctoral fellows who had been expecting support from federal grants that were terminated, as well as expand a program that offers editorial support for grant proposals and journal articles and another that enables undergraduates to work with faculty mentors on original research or projects.

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  • Dual Enrollment’s Long-Term Effects on Student Earnings

    Dual Enrollment’s Long-Term Effects on Student Earnings

    Title: Do Dual Enrollment Students Realize Better Long-Run Earnings? Variations in Financial Outcomes Among Key Student Groups

    Authors: Navi Dhaliwal, Sayeeda Jamilah, McKenna Griffin, Dillon Lu, David Mahan, Trey Miller, and Holly Kosiewicz

    Source: The Research Institute at Dallas College and University of Texas at Dallas

    Dual enrollment partnerships between school districts and colleges and universities provide an opportunity for high school students to enroll in college courses, often saving them time and money. However, the long-term impacts of dual enrollment have not been studied in depth, and the existing body of research offers mixed results. A recent working paper reveals many dual enrollment students experience long-term economic benefits, although outcomes vary based on race and socioeconomic status.

    In the study, students from the 2011 graduating class across 22 Texas school districts were tracked and examined, contrasting the outcomes of students that participated in dual enrollment against those that did not. Ultimately, by the sixth year after graduation, dual credit students were earning more than their peers. Students earned 4 to 9 percent more annually between year six and year 12.

    Additional highlights from the working paper include:

    • Many dual enrollment participants benefited from higher earnings than non-participants in years six through twelve after high school graduation, but not all student subgroups saw significant benefits.
    • African American, Hispanic, and limited English proficient students experienced smaller increases in long-term earnings outcomes.
    • Economically disadvantaged and African American students that enrolled in dual credit programs also reported higher levels of student loan debt compared to non-participants. For example, there was an $831 to $855 increase in student debt from year three to four for economically disadvantaged dual credit students, and a $1,231 to $1055 increase in student debt from years one to four for African American dual credit participants.

    To read the full report, click here.

    —Austin Freeman

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