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Submitted by Duncan Asiedu on Wed, 2012-08-22 13:42

Earlier this year, the National Association of College and University Business Officers (NACUBO) released endowment market values for hundreds of higher education institutions in the United States. The ten institutions with the largest endowment includes four ivy league universities and three public institutions (two in the state of Texas alone). Here is the complete list of the top ten richest colleges along with their endowment values:

1. Harvard University - $31,728,080,000

2. Yale University - $19,374,000,000

3. University of Texas - $17,148,649,000

4. Princeton University - $17,109,508,000

5. Stanford University - $16,502,606,000

6. Massachusetts Institute of Technology - $9,712,628,000

7. University of Michigan - $7,834,752,000

8. Columbia University - $7,789,578,000

9. Northwestern University - $7,182,745,000

10. Texas A&M - $6,999,517,000

What are your opinions on these figures? Do you think it's reasonable for a college to have funds greater than the GDP of some third world countries?

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Oumar Soumahoro Says:
Wed, 2012-08-22 18:08

Thanx for blogging about this Duncan. I always wanted to know which college was actually the richest in the United States and I'm surprised that Columbia University wasn't part of the five first considering their high tuition.

Duncan Asiedu Says:
Thu, 2012-08-23 08:01

I was a bit surprised that all of the ten top weren't ivy league institutions. I was especially surprised to find state schools there. I guess states really are looking to invest in the education of its constituents.

Kate Meersschaert Says:
Wed, 2012-08-22 17:07

Duncan, very interesting that the university with the highest tuition... Columbia, is not among the top 3 "richest." Hmmm rent in NYC is expensive! ;)

Duncan Asiedu Says:
Thu, 2012-08-23 08:05

I think that Columbia could easily be among the top three. All it takes is a massive capital campaign to raise money from donors (much like the ones the embarked on in the 1970s) and considering that it is an prestigious university, they should have no problem finding donors.