The Education and Economic Engine Endowment

Problem

Because many states continue to face budget challenges, many states have scaled back critical funding for education and entrepreneurship.

Solution

State Treasurer Cowell proposes the creation of a multi-billion dollar state-funded endowment using escheat money that pays for community college and university scholarships and invests in high-growth funds and companies. The endowment is literally an investment in the twin goals of educating our future workforce and creating new jobs.