Educators are striking at New Jersey’s state university, which has pumped $246 million from its endowment into high-fee hedge fund investments since 2020.
by Matthew Cunningham-Cook, The Lever
Rutgers University is refusing to pay some instructors living wages or give its faculty raises that would keep up with inflation — prompting the first-ever strike in the school’s history. At the same time, New Jersey’s state university has continued to plow ever-more funds from its endowment into high-fee investments that are performing poorly.
The Rutgers strike, which began Monday, is over basic issues like wages, job security, and the cost of university-owned housing. Currently 9,000 educators are taking part in the action. New Jersey Gov. Phil Murphy (D), who appoints members of Rutgers’ Board of Governors, is currently acting as mediator between unions and university management.

The episode underscores the critical role that university endowments are playing in subsidizing the lifestyles of some of the wealthiest people on the planet — at the cost of livable wages for the people who teach students.
The interest from university endowments is used to fund school operations, including educator salaries, as well as designated scholarships and faculty chairs.
Recent Posts
Federal Judge Sides With Journalists, Protesters in Chicago Over Violent Tactics of Trump’s Federal Agents
October 11, 2025
Take Action Now “Individuals are allowed to protest,” the judge said. “They are allowed to speak. That is guaranteed by the First Amendment to our…
First Ceasefire, Then Palestinian Liberation
October 10, 2025
Take Action Now Trump’s deal does nothing to address the root cause of injustice: Israel’s brutal military rule and oppression of Palestinians.By…
A Movement-Based Opposition To Trump And MAGA
October 10, 2025
Take Action Now In the absence of adequate resistance in the electoral arena, an alliance of popular movements is functioning as the primary…
‘I’m Terrified I’ll Die’: Bernie Sanders Unveils Report On Healthcare Devastation Looming For American Families
October 9, 2025
Take Action Now The Sanders report concludes by not only vowing to reverse the Republican healthcare cuts, but to “work to end the international…