Endowment Sweepstakes: How Tiny Houghton College Beat Harvard
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Harvard’s campus in Cambridge, Mass., last year. The university said its investments declined by 2 percent, and its endowment total dropped by $2 billion in the 2016 fiscal year. CreditCharlie Mahoney for The New York Times
The hotly competitive returns of college endowment performance are out, and the results have again shaken the higher education elite down to their Ivy League roots: The smallest endowments — those with total assets under $25 million — outperformed their billion-dollar-plus rivals for the second year.
The National Association of College and University Business Officers, known as Nacubo, and the Commonfund Institute last week released the latest results, which are, for most schools, far more important than whether they advance to the N.C.A.A. Final Four…
Endowment Sweepstakes: How Tiny Houghton College Beat Harvard
