Rise in endowments may impact best colleges rankings

The value of college endowments, which had fallen very sharply during the recession, is now rapidly recovering along with the stock market, U.S. News reports. This finding comes from the newly released 2011 NACUBO-Commonfund Study of Endowments, produced by the National Association of College and University Business Officers. It turns out that 2011 was another exceedingly good year for the performance of college endowments. According to the NACUBO study, the endowments of the 823 institutions that were surveyed had an average increase of 19.2 percent in the year ending June 30, 2011. This represents a significant improvement from last year’s average gain of 11.9 percent and the 18.7 percent decline reported in endowments for the recession-plagued 2009. Yet, despite the overall stock market recovery in the last two years, total endowments have yet to return to the levels that existed prior to the recession…

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