| Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago. |
Let me see. Will I have more disposable income from savings if I am a millionaire and single or if I share a million dollars with a million people? |
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The WSJ had an article about this today, and they found Baylor University's endowment had the second highest rate of return, after Brown.
https://www.wsj.com/finance/investing/the-small-university-endowment-that-is-beating-the-ivy-leagues-8ce37cf1?st=7s9140dgzgwyrs4&reflink=desktopwebshare_permalink |
Well, I would think the physical plant is probably a lot larger at Michigan with 50K students than at Amherst with 2K students. |
I doubt it. There are news stories that include all funds under management, not just endowment. Universities keep additional funds for accounts payable, etc. that are not endowment. The endowment study from NACUBO includes only long-term endowments. |
| So just snark and no receipts. |
Virtually every school lost money a year ago. You have selective memory. |
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures |
More students equals more buildings and larger campus and therefore more to rehab and update. So your theory is flawed. |
In the article cited, which used NACUBO data, Notre Dame was only down .7% https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023 University of Notre Dame $16,616,524 $16,729,299 -0.7% |
Found the article from June 2021: https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021 |
20.3 billion in June of 2021 |
ND is still 7th among the private schools. No change in than rank. |
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment |