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College and University Discussion
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[quote=Anonymous]The UT system was excluded because it is not a single school, but rather a state-wide system comprised of many schools.[/quote] Genuinely curious as to why that would exclude them from the list. I do know that the UT endowment funds supports all schools in the University of Texas System, not just Austin (UT-Dallas, UT - San Antonio, UT - El Paso, etc). As I said, according to the American Council on Education, an endowment is “an aggregation of assets invested by a college or university to support its educational and research mission in perpetuity.” Seems like UT fits that description. Either way, the UT endowment is enormous and is poised to overtake Harvard this year or the next. On a side note, I'm not suggesting that Texas is an elite University. Some of the majors at the school fall into elite status but not the general school itself. Just commenting on a previous post that stated a schools endowment makes it elite. I'm not sure that is the case.[/quote]
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