Never said that. I th8nk the magority of tax papers have bo idea where there money goes.
That is because the money never goes anywhere.
Because the $1,000,000,000,000 and counting wealthy liberal colleges believe in never helping the poor students they milked the money from pay off their debts ,
They would rather all of their $1,000,000,000,000 and put the burden of paying off the educated poor's debts on the backs of the working poor .
This colossal demonstration of greed & indifference to the poor being their true moral nature ,
Why do you think they would never consider helping the poor in debt students they took the money from in the first place ?
Why do the wealthiest white liberal institutions milk the poor dry in tuition loans then kick them to the curb, to scrape and claw to pay the enormous debt while the colleges sit back and collect interest in the billions each year ?
Rather than stepping up in the compassion they preach they instead subtract themselves from the equation altogether as government decides the working poor should be the ones to pay back the educated poor ?
Let the working poor take care of the educated poor's debts says this Hydra-Headed $1,000,000,000,000 Academic colossus of supposed compassion , equity & fairness to the poor .
Their true moral values of greed, self-interest, disconnect, indifference to suffering being exposed behind their phony cardboard banner of "equity , fairness, compassion.
https://ies.ed.gov/
Endowments
Question:
How large are the endowments of colleges and universities in the United States?
Response:
At the end of fiscal year 2021, the market value of the endowment funds of colleges and universities was $927 billion, which was 34 percent higher than the beginning of the fiscal year, when the total was $691 billion.
The five institutions with the largest endowments at the end of fiscal year 2021 were Harvard University ($53 billion), Yale University ($42 billion), The University of Texas System Office ($40 billion), Stanford University ($38 billion), and Princeton University ($37 billion).
Endowment funds of the 20 degree-granting postsecondary institutions with the largest endowments, by rank order: Fiscal year (FY) 2021 | | | |
---|
Institution | Rank order,
end of FY1 | Market value of endowment (in thousands) | |
---|
Beginning of FY | End of FY | | |
---|
United States (all institutions) | † | $691,144,829 | $927,174,812 |
---|
Harvard University | 1 | 41,894,380 | 53,165,753 |
---|
Yale University | 2 | 31,201,686 | 42,282,852 |
---|
The University of Texas System Office | 3 | 30,522,120 | 40,414,914 |
---|
Stanford University | 4 | 28,948,111 | 37,788,187 |
---|
Princeton University | 5 | 25,944,283 | 37,026,442 |
---|
Massachusetts Institute of Technology | 6 | 18,381,518 | 27,394,039 |
---|
University of Pennsylvania | 7 | 14,877,363 | 20,523,546 |
---|
University of Notre Dame | 8 | 12,319,422 | 18,385,354 |
---|
Texas A & M University–College Station | 9 | 12,734,068 | 16,895,504 |
---|
University of Michigan–Ann Arbor | 10 | 12,144,714 | 16,795,776 |
---|
University of California–System Administration Central Office | 11 | 12,267,010 | 16,463,910 |
---|
Columbia University in the City of New York | 12 | 11,257,021 | 14,349,970 |
---|
Washington University in St Louis | 13 | 8,489,294 | 13,668,081 |
---|
Duke University | 14 | 8,474,071 | 12,692,472 |
---|
Emory University | 15 | 9,169,028 | 12,218,693 |
---|
Northwestern University | 16 | 8,484,706 | 11,361,182 |
---|
Vanderbilt University | 17 | 6,917,371 | 10,928,512 |
---|
University of Virginia–Main Campus | 18 | 7,146,476 | 10,366,578 |
---|
University of Chicago | 19 | 7,199,521 | 9,594,956 |
---|
Cornell University | 20 | 6,882,708 | 9,474,388 |
---|
† Not applicable.
1 Institutions ranked by size of endowment at end of 2021 fiscal year.
NOTE: Data in this table represent the 50 states and the District of Columbia. Degree-granting institutions grant associate’s or higher degrees and participate in Title IV federal financial aid programs. In addition to individual degree-granting institution campuses, this table includes two state university systems (The University of Texas System Office and University of California–System Administration Central Office).
SOURCE: National Center for Education Statistics. (2023). Table 333.90. Endowment funds of the 120 degree-granting postsecondary institutions with the largest endowments, by rank order: Fiscal year 2021 [Data table]. In
Digest of education statistics. U.S. Department of Education, Institute of Education Sciences. Retrieved October 3, 2023, from
https://nces.ed.gov/programs/digest/d22/tables/dt22_333.90.asp.
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