Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:This can't be right. The University of Texas' endowment is around $25 billion. It has gone back and forth between 2 & 3, depending on oil prices.
https://thebestschools.org/features/richest-universities-endowments-generosity-research/
https://www.bizjournals.com/austin/blog/at-the-watercooler/2015/01/wellendowed-ut-fund-trails-only-harvard-in.html
This is the endowment of the whole University of Texas System, which consists of multiple universities. So it doesn't make sense to compare the total $25 figure with other individual universities.
Michigan has multiple campuses, as does Texas A&M. Most other lists I have seen have included Texas. The original endowment was for the flagship campus. They opened the other campuses when the endowment got so big and they wanted to spread the wealth around. I think the article was written by some Yalie annoyed that they were passed by a state university (and a southern one, at that!).
They are essentially different universities within the system, not simply different campuses of the same entity. It makes much more sense to include the individual university endowment rather than the system-wide figure.
Anonymous wrote:Anonymous wrote:Anonymous wrote:This can't be right. The University of Texas' endowment is around $25 billion. It has gone back and forth between 2 & 3, depending on oil prices.
https://thebestschools.org/features/richest-universities-endowments-generosity-research/
https://www.bizjournals.com/austin/blog/at-the-watercooler/2015/01/wellendowed-ut-fund-trails-only-harvard-in.html
This is the endowment of the whole University of Texas System, which consists of multiple universities. So it doesn't make sense to compare the total $25 figure with other individual universities.
Michigan has multiple campuses, as does Texas A&M. Most other lists I have seen have included Texas. The original endowment was for the flagship campus. They opened the other campuses when the endowment got so big and they wanted to spread the wealth around. I think the article was written by some Yalie annoyed that they were passed by a state university (and a southern one, at that!).
Anonymous wrote:Anonymous wrote:Anonymous wrote:This can't be right. The University of Texas' endowment is around $25 billion. It has gone back and forth between 2 & 3, depending on oil prices.
https://thebestschools.org/features/richest-universities-endowments-generosity-research/
https://www.bizjournals.com/austin/blog/at-the-watercooler/2015/01/wellendowed-ut-fund-trails-only-harvard-in.html
This is the endowment of the whole University of Texas System, which consists of multiple universities. So it doesn't make sense to compare the total $25 figure with other individual universities.
Michigan has multiple campuses, as does Texas A&M. Most other lists I have seen have included Texas. The original endowment was for the flagship campus. They opened the other campuses when the endowment got so big and they wanted to spread the wealth around. I think the article was written by some Yalie annoyed that they were passed by a state university (and a southern one, at that!).
Anonymous wrote:Primceton’s huge endowment makes it even less obvious why they take so many legacy/athlete kids, per that other thread.
Anonymous wrote:Anonymous wrote:This can't be right. The University of Texas' endowment is around $25 billion. It has gone back and forth between 2 & 3, depending on oil prices.
https://thebestschools.org/features/richest-universities-endowments-generosity-research/
https://www.bizjournals.com/austin/blog/at-the-watercooler/2015/01/wellendowed-ut-fund-trails-only-harvard-in.html
This is the endowment of the whole University of Texas System, which consists of multiple universities. So it doesn't make sense to compare the total $25 figure with other individual universities.
Anonymous wrote:Isn't endowment per student more telling? A&M may have a lot of money, but that's distributed along a student population of nearly 150,000 students.
Here's one source: https://www.collegeraptor.com/college-rankings/details/EndowmentPerStudent
1. Princeton
2. Soka
3. Yale
4. Harvard
5. Stanford
6. Pomona
7. MIT
8. Amherst
9. Swarthmore
10. Grinnell
Just national universities: PYHSM, Caltech, Dartmouth, Rice, Notre Dame, WashU
Anonymous wrote:This can't be right. The University of Texas' endowment is around $25 billion. It has gone back and forth between 2 & 3, depending on oil prices.
https://thebestschools.org/features/richest-universities-endowments-generosity-research/
https://www.bizjournals.com/austin/blog/at-the-watercooler/2015/01/wellendowed-ut-fund-trails-only-harvard-in.html
Anonymous wrote:So why do those schools even charge tuition?
OMG so much money.