Yale Will Increase Spending From $22.5 Billion Fund (Update1)

<p>Thanks for all the responses!
I did a bit of researching with helpful keywords from you guys and found some really interesting articles. In fact, they got more and more interesting as I clicked from one link to the next!</p>

<p>I first went straight to the source, which is always a great place to start.
[Yale</a> Daily News - Alumni question merit of donating](<a href=“http://www.yaledailynews.com/articles/view/15654]Yale”>http://www.yaledailynews.com/articles/view/15654)
[Yale</a> Daily News - Alumni ponder the merits of giving](<a href=“http://www.yaledailynews.com/articles/view/16455]Yale”>http://www.yaledailynews.com/articles/view/16455)</p>

<p>They both mentioned Ben Stein (yes THE Ben Stein; it’s really crazy since my friend and I were talking about him this morning in school!) who criticized donations for Yale when they could go to a better cause. He graduated valedictorian from Y Law.
[Three</a> Cheers (and a Big Question) for Yale](<a href=“http://www.nytimes.com/2005/10/23/business/yourmoney/23every.html?_r=1&pagewanted=2&oref=slogin]Three”>http://www.nytimes.com/2005/10/23/business/yourmoney/23every.html?_r=1&pagewanted=2&oref=slogin)
[All</a> Right, Already: A Second Look at Yale (a response after some criticism from alumni)](<a href=“http://www.nytimes.com/2005/11/06/business/yourmoney/06every.html]All”>http://www.nytimes.com/2005/11/06/business/yourmoney/06every.html)
[You’re</a> Rich? Terrific. Now Pay Up. - New York Times](<a href=“http://www.nytimes.com/2006/05/07/business/yourmoney/07every.html?ex=1304654400&en=dd31af8036e2f403&ei=5090&partner=rssuserland&emc=rss]You’re”>http://www.nytimes.com/2006/05/07/business/yourmoney/07every.html?ex=1304654400&en=dd31af8036e2f403&ei=5090&partner=rssuserland&emc=rss)
[Ben</a> Stein - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Ben_Stein]Ben”>Ben Stein - Wikipedia)</p>

<p>Then I read up on David Swensen, the Economic GURU of the world. Adding to what T26EF said about the investments, Swensen helped Yale earn about $8 billion in investments; an whopping annual 18% return on average.
[For</a> Yale’s Money Man, a Higher Calling](<a href=“http://www.nytimes.com/2007/02/18/business/yourmoney/18swensen.html?pagewanted=1]For”>http://www.nytimes.com/2007/02/18/business/yourmoney/18swensen.html?pagewanted=1)
Quote from article “…during those two decades, the university’s endowment had grown to $14 billion from $1.3 billion.”</p>

<p>REALLY interesting articles. If you have a spare hour I recommend you read them!</p>

<p>EDIT: For some reason you need to log in to NY Times now… My apologies, but somehow I luckily found the articles in a grace period where NY Times didn’t need a log in? Anyhow it’s well worth if for a free sign up anyways.
Nevermind. It has something to do with the cookies. Perhaps NYTimes has registered me as browsing too much… -.-</p>