Thursday, January 12, 2006

USATODAY.com - College coffers are in the pink

USATODAY.com - College coffers are in the pink: "College coffers are in the pink
By Mary Beth Marklein, USA TODAY
U.S. colleges and universities earned 'respectable returns' on their endowments last year as wealthier schools posted higher averages than less wealthy ones, a report out Thursday shows.

Annual returns on endowments averaged 9.7%, says the Commonfund Benchmarks Study. It is based on 729 education institutions, primarily public and private universities but also independent schools and private education foundations."

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