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College and University Discussion
Reply to "Do Penn State grads/current students carry a stigma? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sounds like a bunch of Maryland football fans are writing these posts. Know lots of PSU alumni that are very successful making lots of money.[/quote] not really - there's a reason why psu's endowment sucks.[/quote] A quick Google search shows a $1.8 (main campus only) - $3.5 billion (systemwide) endowment. That's one of the highest endowments for a state school. [/quote] do you realize how many psu alums there are? the giving rate is terrible and considering how much 'support' psu gets from its rabid fan base, that should tell you everything. [b]1.8 is low for a flagship school. [/b] university of washington for example is from a state that has half the population and has a billion more. and uw grads are not as cultish about their school. i just used uw as an example. [/quote] It is not "low" for a flagship school.[/quote] It's embarrassingly low. Pitt's endowment is bigger. So psu isn't even #1 public in its own state. Higher are: Purdue; Michigan; Mich St; UNC; Washington; Minnesota; Wisconsin; Texas; Texas A&M; Pitt; Ohio State; UVA. [/quote] There are probably around 100 schools that are commonly referred to as "flagship" state schools. PSU is much closer to the top of that list than the bottom. And endowment is mostly just a measure of alumni wealth. [/quote] Alumni wealth is a reasonable proxy for the quality of the academic institution but endowments are also closely tied to alumni satisfaction. There is a reason that rankings factor in the variable of alumni giving and they consider percentage not raw dollars. [/quote] which is all the more reason to use psu's endowment as proof of psu's lack of ability to churn out successes. PSU alums for the most part are over the top in their vocal support of their institution. the fact that the endowment is poor means they don't have the means to translate that cringeworthy support into real financial support.[/quote]
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