The U.S Senate is considering a bill that would require universities to spend at least 5 percent of their endowments each year. Most non-profit organizations are already required to spend 5 percent of their endowments, yet universities are currently exempt from this requirement. The bill, proposed by Sen. Charles Grassley (R-Iowa) intends to make college more affordable for students by forcing universities to cover tuition costs using endowment money. However, some universities are concerned about the mandatory spending.

Georgetown’s newspaper, The Hoya, investigates