@bernie12 I have no idea why they divide it by number of students as opposed to some other denominator.
@BiffBrown I’m not sure I understand how universities can increase numbers of full-time students based on the measurement year. I don’t understand that. I do think endowments owning blue chip corporate stock (like Emory’s) will gain value because those corporations will be able to retain 14% more of their revenue as the result of the corporate tax rate dropping from 35% to 21%. The value of endowments are going to skyrocket. The group of colleges will go up and not down over the next few years.