First hour: Understanding university and college endowments
Second hour: What's going on with food access in American cities?
Administrators at some large, private colleges and universities are speaking out against the tax plan recently passed by Congress. The plan would tax large endowments at some institutions, and administrators say that will hinder their ability to provide financial aid to students and cut back on faculty salaries and research. Supporters of the plan say the tax will push universities to invest more in education instead of stashing funds in large endowments. The issue has sparked discussion about the value of endowments and what they cover. This hour, our guests help us understand what endowments are, who they benefit, and we'll break down how the tax plan will impact them. Our guests:
- Daan Braveman, president of Nazareth College
- Patrick Richey, vice president of finance for Nazareth College
- Congressman Tom Reed, (R) 23rd District
Then in our second hour, there has been a lot of talk in recent weeks about food deserts, and now so-called food swamps, and what's really going on with food access in America's cities. That's been a strong focus of Foodlink, whose chief program officer was just sworn in as one of Rochester's new members of City Council. We'll discuss how to make good food available for more people -- what works, what doesn't, from corner stores to SNAP to the farm bill. Our guests:
- Mitch Gruber, chief program officer for Foodlink and member of Rochester City Council
- Julia Tedesco, executive director for Foodlink