How a private college fortified finances amid the pandemic

Image:  Endicott College is in a better financial position now than it was before the pandemic, according to its president. After one of higher education’s most difficult years, marked by enrollment declines, furloughs, layoffs and steep budget cuts, Endicott’s success stands out. The small private, nonprofit college in Beverly, Mass., recently trumpeted its accomplishments in a press release: its endowment has grown to $119 million, no employees were laid off or furloughed during the...