BOSTON (AP) — Some of the nation's top universities have drawn criticism for making investments in certain industries that activists say run counter to the schools' mission.
Many financial experts don't see a problem, contending that endowments have a duty to make sound financial decisions above all else.
Colleges are split. Some have stopped investing in industries such as fossil fuels or prisons or have opted to invest in mutual funds billed as "socially responsible." Others put few restrictions on their investments.