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Reply to "Top 10 University Endowments in FY 2016"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This can't be right. The University of Texas' endowment is around $25 billion. It has gone back and forth between 2 & 3, depending on oil prices. https://thebestschools.org/features/richest-universities-endowments-generosity-research/ https://www.bizjournals.com/austin/blog/at-the-watercooler/2015/01/wellendowed-ut-fund-trails-only-harvard-in.html [/quote] This is the endowment of the whole University of Texas System, which consists of multiple universities. So it doesn't make sense to compare the total $25 figure with other individual universities. [/quote] Michigan has multiple campuses, as does Texas A&M. Most other lists I have seen have included Texas. The original endowment was for the flagship campus. They opened the other campuses when the endowment got so big and they wanted to spread the wealth around. I think the article was written by some Yalie annoyed that they were passed by a state university (and a southern one, at that!). [/quote] They are essentially different universities within the system, not simply different campuses of the same entity. It makes much more sense to include the individual university endowment rather than the system-wide figure. [/quote] Not to belabor the point, but Texas A&M's system is analogous to Texas': Universities Texas A&M University Prairie View A&M University Tarleton State University Texas A&M International University Texas A&M University-Corpus Christi Texas A&M University-Kingsville West Texas A&M University Texas A&M University-Commerce Texas A&M University-Texarkana Texas A&M University-Central Texas Texas A&M University-San Antonio Michigan has UM-Flint, UM-Dearborn, and UM-Detroit. Don't see the difference. [/quote]
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