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College and University Discussion
Reply to "Carnegie Mellon and Georgetown - why so low endowments?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Is this a joke? They both have over a billion dollar endowments. That's well above average for schools outside of HYPSM/Ivy.[/quote] Small LAC Berea College in Kentucky has over a billion dollars in endowments.[/quote] Berea has a serious and admirable commitment to first generation and low income kids from Appalachia. Education is pretty much free, but you have to work while you are there to help keep the place running. I would imagine they have some seriously grateful alums. They do a great job, but you can't generalize from such a unique institution.[/quote]
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