Quote:
Originally Posted by PaulS
Endowments are used to help keep tuiton down you idiot.
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I looked it up.
Harvard's endowment is $53 billion.
It's annual tuition plus room and board is $74,528.
They have 23,000 kids.
They could not charge a penny for tuition for any of those kids, and the endowment wouldn't run out for decades, and that's if it earned zero interest.
Yeah, that endowment is really keeping tuition down, Paul, you sure showed me..