🍻 Our final KaiPA pint glasses are available NOW to anyone who donates to our nonprofit newsroom. Donate now

College and university endowments had a good 2023 thanks to the stock market

Feb 15, 2024
Larger endowments — which tend to invest more in private equity and venture capital — didn't do as well as smaller ones that stuck to investment basics.
Endowments provide, on average, about 11% of the annual operating budgets for colleges, a new survey finds.
Brandon Bell/Getty Images