Why Exactly is Bates Endowment Low compared to the NESCACS?

PatheticHopeFul
Thu, 14 Jun 2012 21:02:37 +0000

I understand that there has been some “speculation” on why Bates Endowment is low compared to not only the NESCACS but the Top 30 or so LACs in America, however I haven’t heard of a definite answer. I’ve seen that through the years after the Summer of '08 (when many colleges received a large hit in their own endowments) that Bates has been steadily increasing it endowment, but what sparked it’s low endowment in the first place (Even before the Recession it still maintained a relatively low endowment? And lastly does its low endowment impact the quality of education it has to offer it’s students. I wouldn’t believe so as I’ve only hear great things about the classes and professors at Bates, but I still wonder. When looking at the massive endowments of Amherst and Swarthmore, I have to worry what they could possibly offering their students with that amount money.