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Study Confirms College Endowment Drop

4 February 2013 5 views No Comment

“On average, investment returns on college and university endowments declined by 0.3 percent in the last fiscal year, a sharp drop from the average return of 19.2 percent in fiscal 2011, according to a study by the Commonfund Institute and the National Association of College and University Business Officers, known as Nacubo,” The New York Times reports.

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