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Reply to "UT Austin vs UVA?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Texas bounty hunter women state yeah great idea to entertain. Abbott is 100% going to win again and so is Paxton sending a male or female to Texas now is just beyond bad parentling.[/quote] The state leadership's stance on any number of issues will make it hard for their universities to recruit or even retain great personnel. UT's future looks grim. [/quote] Have you seen any announcements of Profs leaving UT in protest? Me, neither. UVA’s endowment is $14.5 billion. [b]UT’s endowment is $42.9 billion[/b] and is expected to exceed Harvard’s $53 billion this year (the Texas Permanent University Fund includes a chunk of oil royalties, so higher oil prices that depress the rest of the economy is in its favor). They can buy anything they want. Under their STARS program, UT is building state of the art lab facilities for the purpose of attracting talent. As an example, UT built one of the best structural biology labs in the world and recruited an entire lab from Dartmouth, who then were instrumental in developing the Covid vaccine. The lab has been updated since. The “great personnel” will follow the money. https://cns.utexas.edu/news/covid-19-vaccine-with-ut-ties-arrived-quickly-after-years-in-the-making https://cns.utexas.edu/news/as-cryo-em-capabilities-expand-cool-science-at-ut-gets-a-boost [/quote] You are comparing apples to oranges. That figure, sometimes also given as $39B is system wide for all of the UT schools. THe UVA figure you give is for UVA alone - and UVA is almost 100% self-supporting now, which UT Austin is now. 2. University of Texas—$31.9 Billion The University of Texas system had roughly $31.90 billion in endowment assets at the end of the 2020 financial year, an increase of 3.2% from the year before. The University of Texas/Texas A&M Investment Company oversees the system's four major endowment funds, which are the: Permanent University Fund Permanent Health Fund Long Term Fund Separately Invested Fund The Permanent University Fund supports the University of Texas, Texas A&M, and their smaller schools. The Permanent Health Fund contributes revenue to medical research, health education, public health, nursing, and treatment programs. [/quote] https://www.bloomberg.com/graphics/2022-harvard-university-of-texas-richest-college-oil-endowments/?leadSource=uverify%20wall[/quote]
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