Anonymous wrote:
Anonymous wrote:Question is whether a $4 billion endowment for a private university is the same as a $4 billion endowment for a public flagship university.
USNews will count it as the same. But the private university will entire depend on that $4 billion endowment not to go bankrupt during hard times
While decent states will never let their public flagships go bankrupt because it brings a lot of free federal research money into the state, educates the states populace, makes it more attractive place to live, etc.
Think California, Washington state, Texas, Minnesota
Of course thats changing based on what we saw with Wisconsin.
USNews doesn't count endowment directly. "Free" federal research may dry up outside of obvious areas like Covid, and the institutions themselves have to come up with about 30 cents for each dollar of federal research. State budgets are crushed, so they will be significantly cutting funding for higher education. It is one of the easiest budget items they have to cut.