5 ms·

Why would it be in a university's interests to accumulate such a large amount of cash?

• baccredited 9y ago
  Because they are basically becoming hedge funds with an university attached. 'I was going to donate money to Yale. But maybe it makes more sense to mail a check directly to the hedge fund of my choice' - Malcolm Gladwell tweet https://www.thenation.com/article/universities-are-becoming-billion-dollar-hedge-funds-with-schools-attached/ https://www.thenation.com/article/universities-are-becoming-...
  • chesimov 9y ago
    Do the admin and faculty staff see a share of the returns in their salaries, or are there outside investors? Or is it more about ensuring a long-term and improving ability to pay for top researchers and fund cutting edge research, raising the university's profile?
  • QML 9y ago
    I think this statement only holds for private universities -- public ones are struggling financially. https://www.theatlantic.com/business/archive/2017/10/midwestern-public-research-universities-funding/542889/ https://www.theatlantic.com/business/archive/2017/10/midwest...
    • baccredited 9y ago
      UVA - $5 Billion http://endowments.com/university-of-virginia/ http://endowments.com/university-of-virginia/
• LanceH 9y ago
  Status.
• deleted 9y ago
  [deleted]