How did Columbia end up so poor?

cdz512
Wed, 29 Jul 2009 19:34:38 +0000

You can’t blame it on size – with 24,000 students, Columbia is roughly as big as Harvard, twice as big as Yale and 3 times as big as Princeton.

I actually have to say that this might be a contributing factor.
More students = more resources needed to be purchased/given to students = greater amount of money used.