An obscure not-for-profit has become a financial powerhouse since it was founded here 19 years ago. But now it’s in the crosshairs
of a New York state investigation into whether it and others that organize study abroad programs for college students offered
universities perks to become their preferred providers.
When a Butler University finance class starts investing in the stock market this fall, it won’t be Monopoly money that’s on
the line. In a three-year pilot program that is unique for a school of Butler’s size, a group of senior finance students will
use $1 million from the university’s endowment fund to invest.
Butler University is running with the big dogs these days in men’s NCAA Division I college basketball–at least on the court.
Financially, though, the Bulldogs face a difficult dilemma in chasing after programs with bigger budgetary bones.
