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endowment funds
The Sunday New York Times had an interesting story in its education section which listed college endowments in terms of $/student instead of totals. It was astonishing that 12 schools have endowments of almost ONE MILLION DOLLARS OR MORE PER STUDENT! Tops with over two million was Princeton, followed by Yale, Harvard, Stanford, Pomona, Grinnel, Amherst, Swarthmore, M.I.T., Rice, Williams and Cal Tech. That relates to $30,000-50,000 per student in annual endowment income. By the way, tuition at all of the above is also in excess of $30,000 annually. It would be interesting to see fraternity and sorority endowment figures the same way to determine how much of the cost of today's Greek membership is subsidized by those who preceded them. It might be a good selling point.
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