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Reply to "Endowment rankings 2023"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago. [/quote] Virtually every school lost money a year ago. You have selective memory. [/quote] But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures[/quote] In the article cited, which used NACUBO data, Notre Dame was only down .7% https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023 University of Notre Dame $16,616,524 $16,729,299 -0.7%[/quote] Found the article from June 2021: https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021 [/quote] 20.3 billion in June of 2021[/quote] Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment [/quote] You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school. [/quote]
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