Financial data to go to Senate
Penn will comply with requests for information about endowment growth and financial-aid spending asked for in a letter from the U.S. Senate Finance Committee early this week. The letter, written by committee chairman Max Baucus, Democrat of Montana, and ranking Republican Chuck Grassley of Iowa, seeks to gather data in order to assess how colleges are making education more affordable and how tax breaks for endowments factor into financial-aid policy.










