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Reply to "Carnegie Mellon and Georgetown - why so low endowments?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Georgetown's relatively small endowment has been a problem for a long while. When I was in college (early 90s) my senior year there was not enough financial aid to go around. Seniors were told they could go to their flagship state university and still graduate from Georgetown. At the last minute, there was some deal where funds were found at the law school and loaned to the undergrad operations so that financial aid could be provided to seniors . . . [b]I'd always heard that the reason for the relatively small endowment (relative to the prestige of the school and success of its grads) was because it's a Catholic institution and people feel like when they give to the church, they're "covered" or something like this (even though the Catholic church does not financially support Georgetown U.)[/b][/quote] But then why do Boston College and Notre Dame - which are arguably more “Catholic” than GU - both have significantly larger endowments than Georgetown? [/quote] I’d say school pride from attending sporting events, but Georgetown has great basketball. ND graduates have great pride in their school. Forever.[/quote]
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