New College Ranking

OperaDad
Wed, 01 May 2013 11:17:02 +0000

Interesting that Princeton has a $2 million endowment per student, whereas MIT has $1 million.

Let’s say that the endowment earns an average return of 5%, that is $50,000 more per student per year. Let’s also assume that MIT and Princeton could run the same with $1 million endowment per student. That means that Princeton could afford to give every student free tuition paid for by the return on the additional $1 million of endowment per student.