Reply to thread

Message: [QUOTE="upstater, post: 5111456, member: 153"] Have you looked at their budget? It's $6B a year. Students w/ parents who make up to $150k don't pay. Then it graduates slowly. They have a $50B endowment, they take 5.5% from it every year. This means around $2.6B every year. So they need another $3.4B in revenue, which they get through the 40% of kids who pay, or research grants. If you're burning through your endowment at the rate of return, you'll eventually find yourself without an endowment. [/QUOTE]