tag:blogger.com,1999:blog-5458172893016186479.post6407485874703233101..comments2024-03-09T03:28:44.216-05:00Comments on Thoughts on Education Policy: Endowments of Top 25 Liberal Arts CollegesCorey Bunje Bowerhttp://www.blogger.com/profile/09764159604965707919noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-5458172893016186479.post-61666696896364351612015-09-15T11:19:35.856-04:002015-09-15T11:19:35.856-04:00KISS, there are good two reasons a school would wa...KISS, there are good two reasons a school would want a $1 million/student endowment:<br /><br />1.) It gives them roughly $50K/student to spend on providing the best education they possibly can.<br />2.) It offers a whole lot of stability -- no matter what happens with the economy, enrollment, fundraising, etc. they can be sure that they'll still have enough money to continue providing the type of education they want to provide next year (and probably the next 100).Corey Bunje Bowerhttps://www.blogger.com/profile/09764159604965707919noreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-52265564354908014912014-07-04T14:23:10.957-04:002014-07-04T14:23:10.957-04:00It seems Univ of Richmond's identity falls bet...It seems Univ of Richmond's identity falls between a liberal arts college and a national university depending on who's doing the categorizing. Often, it's just ignored, but its endowment is almost $2 billion. Comments?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-40060778977016332712014-06-18T22:57:02.894-04:002014-06-18T22:57:02.894-04:00Is there a legitimate reason -- related to affecti...Is there a legitimate reason -- related to affecting the quality of the education, that is -- for a college to have a $1 million per pupil endowment? Or a $200,000 per pupil endowment for that matter? Is there a reason why the level of endowment should have the slightest impact on the ranking the college receives?<br /><br />Or is this nothing more than a bragging rights arms race? KISSWebhttps://www.blogger.com/profile/13917779875188133814noreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-26203696896545047812014-02-23T03:35:44.638-05:002014-02-23T03:35:44.638-05:00I didn't forget Berea; it's not rated amon...I didn't forget Berea; it's not rated among the top 25 Liberal Arts Colleges by US News and World Report.<br /><br />The last time I checked, though, it did have the 15th highest endowment per pupil in the nation: http://www.edpolicythoughts.com/2012/01/top-50-endowments-per-pupil.htmlCorey Bunje Bowerhttps://www.blogger.com/profile/09764159604965707919noreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-44933096987771120562014-02-23T00:52:59.596-05:002014-02-23T00:52:59.596-05:00How could you forget BEREA College?How could you forget BEREA College?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-38314606708456980892013-09-24T10:17:49.301-04:002013-09-24T10:17:49.301-04:00The endowments of Macalester and Carleton are roug...The endowments of Macalester and Carleton are roughly the same. No $1 million difference. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-67777704621931522872013-05-22T12:12:56.320-04:002013-05-22T12:12:56.320-04:00My wife and I attended Carleton 1951-55, a time wh...My wife and I attended Carleton 1951-55, a time when the college had LOTS of endowment per student. But the women graduates became wives and mothers, and the males went to graduate school and became professors and physicians and lawyers. We did OK financially, but none of us made really big bucks, so for many decades the endowment per student shrunk, while the academic reputation grew, thanks to more selective admissions. Meanwhile,midwest competitors Grinnell and Macalester got large sums from Buffett and the Wallaces (Reader's Digest), but there is a limit to what money can do for your reputation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-62848847841150849082013-04-01T17:20:55.904-04:002013-04-01T17:20:55.904-04:00Davidson College is entitled to 5% of the income o...Davidson College is entitled to 5% of the income of the Duke Endowment - my understanding is that over 30% of the income from the Duke Endowment goes to Duke University; 5% to Davidson; 5% to Furman University in Greenville, SC and 4% to Johnson C. Smith. My question is whether the endowment number for Davidson includes some adjustment for the Duke Endowment income? If not, then the "actual" financial picture for Davidson might be stronger than the number given.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-68628268293474781772013-02-23T14:37:20.807-05:002013-02-23T14:37:20.807-05:00Interesting post, I'm not sure I see the same ...Interesting post, I'm not sure I see the same patterns you seem to. The correlation just doesn't look that strong, with several lower ranked schools with endowments effectively in the same category as the 3-5 spots for all practical purposes. Also of note, only 5 short years ago W&L's endowment was comparable to Davidson's at just over $500MM. Final comment, a factoid is not a factual tidbit (as CNN led us to believe) but is rather something that resembles a fact but is, in fact, not.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-3786613530624350652013-02-19T01:03:06.599-05:002013-02-19T01:03:06.599-05:00Warren Buffett was a trustee of Grinnell for many ...Warren Buffett was a trustee of Grinnell for many decades and helped them build up their endowment, but he's not an alumCorey Bunje Bowerhttps://www.blogger.com/profile/09764159604965707919noreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-16242107834203789832012-11-28T20:07:24.222-05:002012-11-28T20:07:24.222-05:00Grinnell is supported by alumni, Warren Buffet;)Grinnell is supported by alumni, Warren Buffet;)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-13066270616434598332012-11-22T13:34:58.255-05:002012-11-22T13:34:58.255-05:00Those schools on the higher part of the list proba...Those schools on the higher part of the list probably got more students because of their aggressive <a href="http://coopercollegequest.com/" rel="nofollow">college counseling</a> campaigns. That probably contributed to the higher endowment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-6118316510402322712012-09-11T00:18:17.479-04:002012-09-11T00:18:17.479-04:00Anonymous #1: I used the enrollment figure provide...Anonymous #1: I used the enrollment figure provided by UWNWR for all schools. Yes, some of these schools have graduate programs, but their endowments cover those programs as well.<br /><br />Anonymous #2/3: As I mentioned in the post, I didn't include the service academies (West Point and Annapolis are tied with Vassar at #14 on the USNWR list).Corey Bunje Bowerhttps://www.blogger.com/profile/09764159604965707919noreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-51399028076721671852012-07-11T11:24:51.033-04:002012-07-11T11:24:51.033-04:00I count only 24 schools.I count only 24 schools.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-89239240692808525352012-07-11T11:24:07.663-04:002012-07-11T11:24:07.663-04:00I count only 24 schools....I count only 24 schools....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5458172893016186479.post-52842664817010319772012-06-12T09:00:58.063-04:002012-06-12T09:00:58.063-04:00W&L underachiever? You must be kidding. BTW ...W&L underachiever? You must be kidding. BTW you have included the graduate school in your enrollment figures. Figure about 1600 undergrad.Anonymousnoreply@blogger.com