7:06 a.m. ET, April 30, 2024
Campus protesters are calling for divestment. It’s happened before
College campuses across the United States have been roiled by pro-Palestinian protests this month, with nearly all demonstrations calling for universities to divest from Israel in some form. So far, universities have refused to yield to those demands.
What would divestment look like?
Put most simply, divestment is the opposite of investment.
Many universities have an endowment, which is donated funds generally invested in stocks, bonds and other financial instruments to help the university earn money.
What are university officials saying?
On Monday, Columbia’s administration reiterated that it would not divest from Israel. Last week, the University of California also said divestment wouldn’t happen.
But some colleges are willing to talk with protesters.
They’ve been here before.
Columbia eventually voted to sell the majority of its stock in South Africa-connected companies. Other colleges followed suit.
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This article was first published here