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College and University Discussion
Reply to "For Which Elite Colleges and Universities Would You Pay Full Price ?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Ivies except Cornell and MIT+Stanford. [/quote] It’s really just HYPSM Wharton and maybe Columbia [/quote] No. Just Harvard.[/quote] Or is it just Stanford in the 2020s? With real estate, Stanford has a larger total endowment than Harvard by over $2 billion and has been even more selective. It is a little crazy that "just Harvard" may not be a thing anymore. https://www.visualcapitalist.com/worlds-top-endowment-funds/[/quote] Wow, only 6 schools have assets of $30B or more and they're all in the US: Stanford, Harvard, Yale, Princeton, MIT, and Duke. I'd be curious why Oxford and Cambridge, which have been around for longer, don't have comparable asset bases.[/quote] Oxford and Cambridge assets are "priceless.". Their assets are tied to properties or priceless antiques. They don't make the spreadsheet, so they are far more prosperous than they show on paper. Same with Columbia who is one of the largest property owners in Manhattan. [/quote] You are actually quite wrong about both Oxford and Cambridge. England does not have the historical of academic philanthropy that America has. Ours developed from Carnegie and the robber barons who followed his example and donated to their American colleges and universities. Harvard and other elites have far greater assets in endowment than any of the Oxford colleges. Only now is that kind of giving catching on. They also don’t leave legacy like we do because there was no history of giving to an institution to ensure a leg up for future generations. Entire books have been written about Philanthropy in America [/quote]
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