A recent study shows the value of university and college endowments fell by almost 19 percent on average during fiscal year 2009. Authors of the study described it as the worst decline since the Great Depression.
The model car lay shattered on the basement floor, its pieces scattered in every direction.
For weeks, a young Tod Peavy had tinkered and toiled and thought of nothing but this car. But his foster mother resented the red roadster. She hadn't given it to him. Instead, a holiday well-wisher purchased the present for an anonymous foster child, and caseworkers put the toy in the boy's hands for Christmas.