<p>It may be higher, because the value of land and housing is a little lower in Berea, Kentucky than it is in Princeton, New Jersey. 
The bigger difference is how they SPEND their endowment earnings.</p>
<p>It may be higher, because the value of land and housing is a little lower in Berea, Kentucky than it is in Princeton, New Jersey. The bigger difference is how they SPEND their endowment earnings.</p>