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Old 11-26-2008, 07:34 AM   #64
Periwinkle
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Join Date: Mar 2007
Posts: 703
Just Past the Ivied Halls, Endowments Suffer (NYT.com)

I don't think many prep schools have endowments large enough to dabble in private equity or hedge funds.

Applications may be up. We've attended some open houses, and turnout has been very good. I think that will make estimating yield an interesting question this year. Will the schools accept more students than last year, assuming that a certain number will not accept the offer, due to finances? Or will they play it safe, and turn to the waitlist, as spots open up?

Last edited by Periwinkle; 11-26-2008 at 07:42 AM.
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