Well it means that University investments will not go towards fossil fuels, but why were they investing in fossil feuls in the first place?
Oh wait. It must be because fossil fuels were the most lucrative alternative. So invest in the second most lucrative investment. The University will just make less money. It just means their endowment will be smaller. Which just means that their budget will be smaller.
'
Nowadays, Universities don't have many alternatives to compensate for smaller budgets, but they do have one major place they traditionally look to to, tuitions.
Except:
They've proven themselves not progressive. Just look at how much they demand in order to be allowed to attend classes. They are a school for the rich, by the rich.
So really raising tuition is not a good idea.
I know! They can simply cut faculty pay!
I'm so glad that 100 faculty are volunteering to have their pay cut.