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College Presidents Defend Rising Tuition, but Lawmakers Sound Skeptical

Two dozen college presidents and policy experts defended the rising costs of tuition on Monday and argued against forcing colleges to spend more of their endowments.

But Senator Charles E. Grassley, Republican of Iowa, and Representative Peter Welch, Democrat of Vermont, who convened a round-table discussion on the subject, indicated that they would continue their effort to push universities to justify their tax exemptions by spending more of their endowment money.