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College and University Discussion
Reply to "S/o Georgetown Hot Mess"
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[quote=Anonymous][quote=Anonymous]Their endowment is tiny. Its reputation and graduation rate keeps them afloat.[/quote] +1. The endowment is tiny compared to universities that GU likes to think of as its peers. It creates huge problems. I worked in the administration a few years back. There were major budget issues that required difficult choices -- and often the choice made was to defer maintenance that, at least at the time, wasn't critical. Obviously, at some point, that maintenance becomes critical. They have tried to raise more money and there was a big capital campaign ongoing when I was there, but for whatever reason they have never been able to raise anywhere near as much as their peers -- or at least what they like to think of as their peers.[/quote]
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