Even after large stock market losses, if Harvard paid out five percent of its endowment–a requirement for all private foundations except those of colleges and universities–it would increase the school’s budget by $214 million.
They’ve suffered a large financial loss on paper, but so have the rest of us, and lawmakers shouldn’t let the economic downturn [...]
All Posts Tagged: 'University Endowments'
Harvard’s Endowment Falls to $29 Billion
More Massive Endowments
I went to an event at AEI on Friday morning, focused on the question of whether Congress should obligate non-profit universities to spend a minimum percentage of their endowments every year, a requirement currently applied to non-profit charities. Parenthetically, it’s worth noting that AEI puts on some of the best education-related events in town. The [...]
Massive Endowments
The annual college endowment report from the National Association of College and University Business Officers (NACUBO) was released yesterday. Overall, it was a great year for higher education, with average earnings of 17.2 %. The richest institutions (over $1 billion in assets) did even better, earning 21.3%. One consequence of the growth is that institutions [...]
Hillary Clinton and the Never-Ending College Fundraising Campaign
Hillary Clinton unveiled her presidential campaign higher education agenda yesterday. On the whole it’s quite good and by far the most substantive proposal from any of the major candidates thus far. The safe thing for a Democrat is to focus on financial aid — everyone’s in favor of making college more affordable — so it’s [...]
Miserly Colleges
Lynne Munson of the Center for College Affordability and Productivity turns in a thought-provoking op-ed at Inside Higher Ed today. She takes colleges to task for hoarding vast sums of money in endowments while still charging students high tuition rates:
Stanford University spends $76 million on undergraduate financial aid, a sum that sounds generous but [...]
Investing in Harvard Graduates (for real)
Richard Vedder offers some fairly radical ideas about how higher education financial aid could be different, particularly at elite schools:
Rich schools like Harvard, Yale and Princeton should let students in for free in exchange for a share of student earnings beyond subsistence for X number of years after graduation. In other words, Harvard should buy [...]
Lowering Student Loan Default Rates: What One Consortium of Historically Black Institutions Did to Succeed 
College and Career-Ready: Using Outcomes Data to Hold High Schools Accountable for Student Success
03/19/10 | Ben Miller is quoted on college graduation rates and the NCAA Tournament in the Detroit Free Press.
03/19/10 | Linda Perlstein links to Education Sector's "College- and Career-Ready" event.
03/17/10 | Ben Miller's column on graduation rates and NCAA Tournament eligibility is mentioned on The Wall Street Journal's The Daily Fix.
03/17/10 | Kevin Carey's critique of Diane Ravitch's latest book is quoted in Doublethink's Conventional Folly blog.
03/15/10 | Ben Miller pens an op-ed for US News & World Report on using graduation rates to determine NCAA Tournament eligibility.