The Answer Sheet: endowments

Posted at 04:38 PM ET, 05/20/2010

Harvard endowment losses fueled financial crisis -- report

Endowment losses at Harvard and five other universities that were triggered by risky investment strategies helped fuel the financial crisis, a new report says.

By Valerie Strauss  |  04:38 PM ET, 05/20/2010 |  Permalink  |  Comments ( 0)
Categories:  Higher Education | Tags:  endowments and financial crisis, harvard endowment, report on endowments

Posted at 02:32 PM ET, 02/04/2010

Yale saves with colder buildings

In a sign of how severe the country’s economic downturn is affecting even the wealthiest universities, Yale’s leaders just told the school community that it was freezing salaries of highhly compensated officials, setting thermostats in all buildings to 68 degrees and taking other steps to save money. President Richard Levin and Provost Peter Salovey detailed the measures the school is taking to absorb a decline of the endowment from $22.9 billion in June 2008 to $16.3 billion in June 2009--a 28.6 percent drop.

By Valerie Strauss  |  02:32 PM ET, 02/04/2010 |  Permalink  |  Comments ( 0)
Categories:  College Life, College Life | Tags:  Yale University, endowments

Posted at 04:30 AM ET, 01/28/2010

Top college rankings vs. endowments

When I looked at the list of top college endowments (a new report on these funds was released today) I had a nagging feeling that I had seen the same schools on a different list. Then I remembered: Many of the top 10 schools were the same as those on >U.S. News & World Report’s 2009 list of top national universities (which actually looks very similar to lists of years past). Take a look at the following lists, and then the reason I find this problematic.

By Valerie Strauss  |  04:30 AM ET, 01/28/2010 |  Permalink  |  Comments ( 0)
Categories:  College Admissions | Tags:  college endowments, college rankings

Posted at 04:25 PM ET, 09/11/2009

8 Things I Learned This Week

1) America’s two richest universities--Harvard and Yale--did not come out looking so rich or so smart when it was reported that they each lost about 30 percent of their endowments last year due to lousy investments. The median college endowment...

By Valerie Strauss  |  04:25 PM ET, 09/11/2009 |  Permalink  |  Comments ( 0)
Tags:  Sen. Tom Harkin, college endowments, insects