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These Are the 10 Wealthiest U.S. Universities

And they got $26.3 billion richer last year. Yes, billion.

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Princeton has so much money that the average value per student at the school is $2.9 million dollars. Yes, million. Yes, per student.

The annual NACUBO-Commonfund Study of Endowments was released earlier today, reporting that the 25 richest colleges in the U.S. have gotten even richer in the last year, totaling a $26.3 billion increase in wealth.

“That growth in their endowments was helped by a year of healthy investment returns. The average investment return for fiscal years 2017 was 12.2% after fees,” according to Money.

A 12.2% investment return is far greater than the 7% that colleges hope for, bringing the 10-year average investment return to 4.6%, from 5% last year.

You may not be surprised to learn that many of the richest colleges are in the Ivy League.

10 Largest College Endowments in 2017:

College 2017 Endowment Value Per Student
Harvard University $36,022B  $1,522,104
Yale University $27,176B  $2,191,268
The University of Texas System $26,535B  $147,675
Stanford University $24,785B  $1,541,160
Princeton University $23, 812B  $2,951,077
MIT $14,968B  $1,315,751
University of Pennsylvania $12,213B  $541,389
The Texas A&M University System $11,556B  $97,189
University of Michigan $10,936B  $197,056
Northwestern University $10,437B  $568,540

 

Data from a Time/Money report

 

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Gigi Foster is a student at the University of North Carolina Wilmington. She's a midfielder on the women's soccer team and is studying ocean sciences.

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