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But isn’t that a matter of choice? If a school with a bigger endowments wants to have a bigger endowment per student, they may choose to by reducing their enrollment, right? I am asking only because I don’t quite understand the significance of endowment per student. I mean if it is so important, why any school that have bigger endowment than SPS’s wouldn’t choose to achive that by reducing its enrollment? </p>
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If SPS reduces its enrollment to Groton’s level, wouldn’t it move to #1 for sure?</p>