They should give the $200M a year plus capital appropriations back to the state, then. Somehow I don't think they will. |
And you aren’t Rhodes. |
Your numbers are old. The UT endowment is getting $6 million *a day* from oil revenues and is expected to top $50 billion this year, at a time when other endowments’ investments are shrinking. Two-thirds of the PUF goes to the UT system (one third to A&M). https://www.bloomberg.com/graphics/2022-harvard-university-of-texas-richest-college-oil-endowments/?leadSource=uverify%20wall Land operated by the University of Texas System is on track to post its best-ever annual revenue in fiscal 2022 because of soaring oil prices and production on its property in the Permian Basin. Oil reached a high of $120 a barrel earlier this year as a result of a war-induced energy crunch. The revenue is expected to help narrow the gap between the Texas system’s $42.9 billion endowment and Harvard’s $53.2 billion as of June 2021. “The University of Texas has a cash windfall when everyone is looking at a potential cash crunch,” said William Goetzmann, a professor of finance and management studies at Yale University’s School of Management. “Adjusting your portfolio for social concerns is not costless.” The oil and gas revenue will help insulate the University of Texas System from all that. It’ll stem concerns about liquidity and help investment managers hunting deals in a down market. It also represents hard cash, instead of gains tied up in investments like private equity and venture capital, which is more typical for the richest college endowments and drove record returns in the prior year. Meanwhile, even if the Texas system shows negative investment returns, the revenue could help protect the endowment value. |
Neither one of these schools gets particularly strong budget support from the state, so the endowments, insofar as they are actually benefitting undergraduates, are largely trying to make up for that. |
I graduated from UT-McCombs business school. UT is NOT "aggressively Texas." I doubt the validity of your claim of having attended. UT is the last liberal bastion in Texas. I'm more conservative but didn't mind the left-leaning population. I try to be open-minded. Your post is rubbish. Both are quality institutions. Your experience at UT will be similar to those of other high-caliber schools on the East Coast. The size of the school does have its drawbacks though. Choose the school where you think you will perform best. |
UVA now has 56 Rhodes scholars |
it took you 3 years to come back with that and bump this old thread? hmmm |
UT for STEM
UT for Med, Law also, as UVA is too competitive and GPA is more important for Grad school. Plus the Taco's in Austin and the weather. |
If you can get in state tuition at either, go for it. Otherwise Texas for engineering. UVA for poli sci / government. |
![]() ![]() ![]() OMG. He's back. |
Pretty much this. |
Well, no. Since UVA costs 20k more oos. |
Yeah I'm not spending OOS Tuition for poli sci/government at UVA. UT OOS for Engineering though. |
UVA is worth it. |
For Engineering, absolutely not for OOS |