Colleges and universities are still trying to find equilibrium in a volatile economy
In How the Financial Crisis and Great Recession Affected Higher Education, Jeffrey R. Brown, a finance professor at the University of Illinois at Urbana-Champaign, and co-editor Caroline M. Hoxby, a Stanford economics professor, examine universities as complex economic organizations that operate in an intricate institutional and financial environment.
Submitted by Lynn Russo Whylly on Wed, 10/16/2013 - 1:48pm
Many of the largest college and university endowments are reporting returns in the low double digits for their fiscal year ended June 30, easily outperforming their year-earlier performance. “The performance numbers so far have been pretty consistent,” said Mark Brubaker, a Pittsburgh-based managing director of Wilshire Associates.
Submitted by Lynn Russo Whylly on Wed, 10/16/2013 - 1:44pm
Stanford University saw a 9.7 percent increase in its endowment during the 2013 fiscal year, bringing the Palo Alto school's total value of investments to $18.7 billion. The university reported strong investment returns and new gifts as two major reasons for the increase, which continues a trend of growth after the 2008 recession.
Submitted by Lynn Russo Whylly on Wed, 10/16/2013 - 1:38pm
Weber State University officials have announced the creation of an endowed program for arts-integrated learning made possible by a $3 million gift from the Sorenson Legacy Foundation.
Submitted by Lynn Russo Whylly on Wed, 09/11/2013 - 3:36pm
High-frequency trading aided by computer algorithms has been blamed for massive disruptions in equities markets in recent years. But a new study conducted by Vanderbilt University finance professors finds there has been no discernable uptick in average global market volatility correlated with the rise of high-frequency computer trading.
Submitted by Lynn Russo Whylly on Thu, 08/15/2013 - 11:22am
The University of California has committed more than $8 billion to approximately 200 private equity and venture capital funds, but the school doesn't know how any of those investments are doing.
Submitted by Lynn Russo Whylly on Thu, 08/15/2013 - 10:12am
In an atmosphere of austerity where Kansas U stands to lose $13.5 million in state funds over the next two years, little has been said about the fact that the university’s endowment raised 3,100 percent more than that amount in the last three years alone.
Submitted by Lynn Russo Whylly on Thu, 08/15/2013 - 10:07am
Cutting back regular withdrawals from its $1.03 billion endowment will cost the University of Cincinnati about $1.8 million in its operating budget this year. UC hopes the change will help the endowment maintain its buying power for generations.
Submitted by Lynn Russo Whylly on Wed, 08/14/2013 - 4:07pm
The family of education advocate Margaret Robinson has created the Margaret Robinson Higher Education Fund, an endowment that will make it more affordable for high school students to take college-credit courses.
Submitted by Lynn Russo Whylly on Wed, 07/10/2013 - 10:16am
A Southern Arkansas University endowment two decades in the making has its first recipient spending the summer in our nation's capital for a career-boosting internship.