This is a patently false statement considering you don’t include schools like Duke, Emory, Wash U and Northwestern which have double the endowment per student of both UVA and Michigan. Considering the economic downturn which depleted the financial assets of private institutions seems to behind us, you can expect that many private schools will bounce back quite nicely and the difference between these schools and the top publics will be exacerbated once again. Duke’s endowment, for instance, is already up over a $1 billion compared to these end 2010 FY figures.</p>