Up to $2.35B after fiscal year 2025. Still 2nd lowest in the B1G though ahead of only Oregon who has $1.84B. Numbers are in the spreadsheet.
Some of the schools ahead of us surprised me. Just to show how far behind we are Va the rest of B1G.Up to $2.35B after fiscal year 2025. Still 2nd lowest in the B1G though ahead of only Oregon who has $1.84B. Numbers are in the spreadsheet.
If I recall we didnt even crack $1B until B1G entry. So yeah...we're a long ways away from catching the rest. Maryland slightly ahead of us and Oregon behind us. The rest all well ahead.Some of the schools ahead of us surprised me. Just to show how far behind we are Va the rest of B1G.
The crazy part is next year Rutgers should crack $2.5B and Oregon should crack $2B. Pretty sure only the B1G and Ivy League would be the only athetic conferences with all members having an endowment of at least $2B when that happens.Some of the schools ahead of us surprised me. Just to show how far behind we are Va the rest of B1G.
The crazy part is next year Rutgers should crack $2.5B and Oregon should crack $2B. Pretty sure only the B1G and Ivy League would be the only athetic conferences with all members having an endowment of at least $2B when that happens.
Can I ask a dumb question - what exactly is the end goal of the endowment?
I get that we want to “grow”.
But shouldn’t the growth offset tuition increases?
I know this is a bad analogy:
We increasing our “emergency fund” (endowment) while also running up credit card debt each year (needing tuition increases, increased government funding, budget cuts).
What’s the point of having the largest endowment while still increasing tuition?
An endowment is not an emergency fund. Bad analogy.
I doubt public universities would invest in something like that. Far too risky as far as investment style.What is the asset allocation?
Bitcoin?Crypto?
Harvard is essentially a hedge fund with a college attached to it.Schools should be underwriting student loans not the government. Watch how fast tuitions drop.
With student loans very difficult to get discharged in a bankruptcy, the student is left on the hook for everything, and there is no incentive on the banks and universities to rein in costs and make sure what they are teaching actually has the potential to lead to employment.Schools should be underwriting student loans not the government. Watch how fast tuitions drop.
Very similar thoughts here…With student loans very difficult to get discharged in a bankruptcy, the student is left on the hook for everything, and there is no incentive on the banks and universities to rein in costs and make sure what they are teaching actually has the potential to lead to employment.
I would have a bankruptcy by the student have them retain and have to pay off 1/3 of the remaining student loan debt, the university where it was spent would have to pay the bank another 1/3, and the bank would have to write off the remaining 1/3.
It would force the universities to control costs and evaluate the validity of their degree programs, and banks to only lend for reasonable tuition spending for the degree programs that are being pursued.
Right now the college loan system is the equivalent of an auto dealer charging $100K for a Toyota Corolla, and a bank lending someone that much to buy it, because they know the person buying the car can’t get out of the debt.
Harvard says not so fast my friend…I doubt public universities would invest in something like that. Far too risky as far as investment style.
Schools should be underwriting student loans not the government. Watch how fast tuitions drop.
Very similar thoughts here…
Makes a lot of sense.
Very similar thoughts here…
True. That is something that would need to be solved ideally. You’d have to wonder what the true cost of a degree is with all of the bloat cut out, government backed loan inflation, etc. Once that is more manageable do loans become more competitive? Do private companies step in to subsidize degrees with a work requirement? Plenty of smart people out there than can likely develop a better system than what we have now .Except you have some academically promising kids from families that would not mean loan criteria. As I said earlier I don't think the feds should be 100% the providers or guarantor, but they have a place in the system.
That's what scholarships are for. Private K-12 schools given out tons of financial aid without gov'ment support.Except you have some academically promising kids from families that would not mean loan criteria. As I said earlier I don't think the feds should be 100% the providers or guarantor, but they have a place in the system.
That's what scholarships are for. Private K-12 schools given out tons of financial aid without gov'ment support.
Totally agree… and why does a 4-year Philosophy degree cost the same as an 4-year Engineering degree..and similarly why does a Philosophy professor makes the same money as an Engineering professor.. makes no sense.
Much harder for a a politician to gaslight a philosophy major from Rutgers than an Engineering major. And I didn’t major in either discipline.Totally agree… and why does a 4-year Philosophy degree cost the same as an 4-year Engineering degree..and similarly why does a Philosophy professor makes the same money as an Engineering professor.. makes no sense.
Saw an interesting piece from Bloomberg recently which talked about how Yale led the march of endowments into private equity investing and the Ivies followed but now a UCal fund which is up to $8 billion that is invested in index funds complete with very low fees has been crushing the returns of the Ivies.Harvard says not so fast my friend…
Much harder for a a politician to gaslight a philosophy major from Rutgers than an Engineering major. And I didn’t major in either discipline.
This country is cooked. Soon, colleges will be filled with nothing but dumb kids with rich parents. A bunch of RFKJrs…Perhaps. My point is that it’s bad enough for pre-med student to go tens or even hundreds of thousands in debt. That person generally has a path out of debt. A student majoring in basket-weaving should be paying something similar to what that degree is worth, as should those professors.
This country is cooked. Soon, colleges will be filled with nothing but dumb kids with rich parents. A bunch of RFKJrs…
They don’t have to be. But RFKJr should be snorting coke off toilet seats before he’s Health Secretary.Right. If their parents are rich they have to be stupid. Sufferin' stereotype Sylvester.
That is correct. Half the SEC is below $2 billion. So are Clemson, Florida State, and Louisville from the ACC.The crazy part is next year Rutgers should crack $2.5B and Oregon should crack $2B. Pretty sure only the B1G and Ivy League would be the only athetic conferences with all members having an endowment of at least $2B when that happens.
Up to $2.35B after fiscal year 2025. Still 2nd lowest in the B1G though ahead of only Oregon who has $1.84B. Numbers are in the spreadsheet.
The Robert Wood Johnson Foundation Endowment is $12 Billion.Up to $2.35B after fiscal year 2025. Still 2nd lowest in the B1G though ahead of only Oregon who has $1.84B. Numbers are in the spreadsheet.
I've wondered about this too given it's now part of the RU systemThe Robert Wood Johnson Foundation Endowment is $12 Billion.
Does this count?
The Robert Wood Johnson Foundation Endowment is $12 Billion.
Does this count?
The medical school was merged into Rutgers. The Robert Wood Johnson Foundation is separate and occasionally gives grants to Rutgers.
gotcha, thanksThe medical school was merged into Rutgers. The Robert Wood Johnson Foundation and occasionally gives grants to Rutgers.
The medical school was merged into Rutgers. The Robert Wood Johnson Foundation is separate and occasionally gives grants to Rutgers.