10 richest colleges in America

With 75 US colleges holding more than $1 billion in endowment funding, some institutions of higher learning can truly be called rich. These are the top 10.

 of 12
 of 12

VIDEO ON MSN MONEY

73Comments
Apr 18, 2012 5:27AM
avatar
Edmund
I agree with you in theory as to what a university SHOULD be; however, unless it is a state institution, your suggestion of controlling their actions and agenda is simply, illegal, unconstitutional and frankly, contrary to some basic principles of a free republic. And to think educational institutions are only about expanding minds is (i respectfully state) naive. They are almost all about making a profit, first and foremost. No profit= out of business. i do agree with you in spirit and believe profit should never come at the expense of a well rounded, liberal education . Case in point, while i was attending Syracuse, our chancellor won businessman of the year. I wrote an editorial to the student paper stating my belief  student's needs might be better met if he focus on  winning "educator of the year".  Oh ...and as a sidebar, you are damn cute.

Apr 18, 2012 4:57AM
avatar

I have been a student since 2001. I have technical degrees, science degrees, and am working on my second Masters in education. I was also accepted into a doctoral program two years ago.

 

I believe that colleges and universities are not using money wisely. These institutions have captured the brightest working minds available, yet they often increase tuitions dramatically while receiving funds from multiple avenues for working capital. When certain projects need more funding, they often describe difficulties finding working capital.

 

Please keep in mind that the sole purpose of these institutions is to develop the mind. With that said, I believe these institutions should really analyze what is "value added" and what is not. They need continuous development to provide world class education. Sitting on big funds is unethical. Instead I propose that not only should private corporations be involved with the decision making, but the parents and/or students as well.

 

In free markets based on choice, the choices seem limited and often produce negative results. Liberating and limiting equal party involvement can help to produce value added programming and planning to help create a more world class environment for learners.

Apr 18, 2012 4:39AM
avatar
   What a PRIVATE University charges for tuition and how it spends/invests its endowment (which is really a glossy word for profits) is no business of anyone's, but said university. In these United States,"private" entails certain rights, the most important one being the PUBLIC has no say in the matters of a private company or organization unless laws are being broken, or community standards are being violated. (Often a gray area determined by the courts on many levels)  Would we deem ourselves in charge of how a neighborhood grocer spends his net income or tell him what he can charge for his goods? If We don't like him or his prices charged, we simply take our business elsewhere. However, in the case of a State University, tuition, profits and investments come with  accountability to the tax payers of the state. Period. Private sector in one case, a nice bit of socialism for a good cause, in the other.  
   I attended Syracuse University, a private school. I did not always agree with their financial activity nor decisions; but, i knew i was attending a private institution and that their decisions were their own. i also got one heck of a good education at the Newhouse School of Public Communications.  To this day, my life is continuously enriched by my experience at Syracuse. I still disagree with a lot of their private decisions; however, i accept that no one is perfect. Go Cuse!


Apr 18, 2012 3:50AM
avatar
Mrck - These colleges are not "rich" because of the tuition they charge.  They are "rich" due to the huge endowment base and huge contributions from alumni.  Tuition is essentially a breakeven proposition.  They balance their annual budget by tuition increases, with very little surplus left over (if any) to add to their "riches".
Apr 18, 2012 3:45AM
avatar
Sir Robert Sempowski - First, the word is liberal, not librel.  Second, not all professors are liberal.  Being from Arizona, I can say that I am fairly conservative.  Barry Goldwater spoke at our graduation, and at the time he was Mr. Conservative (the book "Conscience of a Conservative").  If you think education is expensive, try ignorance.  (That is not an original thought, but I have forgotten where I heard it, so I can't give proper credit.)
Apr 18, 2012 3:36AM
avatar
Let me just say that the tuition money does not go for professor's salaries.  Professors usually earn less than a truck driver or an electician or a dock worker or a fireman or a plumber or an auto mechanic or, etc., etc., etc.  I was a professor for 20 years of my working life.
Apr 18, 2012 3:29AM
avatar

My entire 4 years at Arizona State University (Tempe) cost less than $800, including books from 1956-60.  I lived at  home, commuted about five miles to school.  I was an Arizona resident.  My wife and I had 4 children while I was a student there.  At that time, Arizona State had around 8500 students.  Now, Arizona State is the largest University in the country, with more than 70,000 students at 3 campuses within a 20 mile radius (aprx.).  What has happened to the cost of education  for our children and grandchildren?

Apr 18, 2012 3:25AM
avatar
all that money to be spent to be taught by a librel professer. no thanks
Apr 18, 2012 3:18AM
avatar

All this wealth and yet there are still those who are homeless, hungry, poor, etc that are still suffering in these rich wealthy cities.

 

I think that instead of these cities wasting money on buildings, roads, etc why don't the cities use their wealth to help those who are in fact homeless, hungry, poor, etc who are still suffering in these cities.

 

 

Does anyone else agree with me?

 

 

 

 

Apr 10, 2012 1:41PM
avatar
Honestly... most of you leaving comments are not educated about the College Process, Financial Aid, etc.  I own a College Planning Company whose sole purpose is to reduce the cost of College for the students and the parents.  We guarantee - in writing - a minimum of $50,000 in savings... however last year we averaged nearly $130,000!  Before you start sending your students into a Community College... realize that only 18% ever go on to get a 4-year degree - and the average time it takes is 7.2 years!  State Colleges are not much better with only a 38% graduation rate - taking on average 6.4 years to obtain a 4-year degree.  The University Colleges are averaging 5.8 years, for a 4-year degree - but maintain a 72% graduation rate.  Now compare that with a Private College - with a 94% graduation rate in 4.4 years.  Most Private Colleges reduce the price of their education much, much more than a Public College will ever be able to offer, in the form of Gift Aid, participation at a much higher rate with regards to Financial Aid - and yet most parents look at the sticker price of the Colleges, and base their decisions on that.  There is so much we as parents don't know... yet we are making decision for our kids based on what... on being under educated and under informed about the College Process?  Making those decisions without being educated is not the wisest decision to make.  To get educated... go to www.collegefundingco​nnection.org, order the "Free Report", and then decide if you want to navigate these waters alone.  The wise choice would be to get some professional assistance... the same way you would if you needed Financial Planning, an Attorney, or a Doctor.  This is one of the biggest financial decision of a parents life.  College is not a 4-year decision... it's a 40-year decision.  Don't make the wrong one!
Apr 7, 2012 7:20AM
avatar
Hey Richard Reimer,  didn't it occur to you that part of the reason why these colleges are so rich is because they charge so much tuition? How do you think they got rich in the first place?
Apr 6, 2012 10:12AM
avatar
A few of these institutions should become strictly merit based and offer full scholarships to nearly all who get in. At 52K, Harvard might notice the potential 500M it doesn't get in tuition (an overstatement as they certainly provide some financial aid), but it's still not enough to wipe out investment gains most years on 30B.  They certainly should get their tuition out of the stratosphere.
Apr 5, 2012 10:49PM
avatar
Community colleges are just fine, for the first two years. It saves a student quite a bit of money, especially if they are residents of the county they're in. My communtiy college transfers were more than happily accepted by Walsh College, which is a strict, serious business college. And I had CPA's and economists as instructors while I was there. Only one instructor I did not like the year and a half i was there, and he was an econ instructor. That's not bad for all the courses I took, and I walked out with a 3.95 GPA.
Apr 5, 2012 7:05PM
avatar
With all this money why do they have to charge so much for tuition?  I would think that it would be wise to help people that can't afford to pay the huge fees for school and I don't mean for illegal alien students.
Apr 5, 2012 6:40PM
avatar

The Ivy-athletic programs are second-rate; if you want it all...Stanford's for you! Not just football, not just men; Stanford has more national championships than any of the other quality universities. Go Tree!

Apr 5, 2012 4:36PM
avatar
I don't know if anyone mentioned this yet but a lot of the "professors" who teach students at these high-end colleges are graduate students and graduate assistants, not the high paid Ph.ds you'd expect given the price of admission.Parents........save your money and send your kids to the great state universities around the country.
Apr 5, 2012 3:28PM
avatar
@David Miller ... my kids and their friends went to Baylor, Texas, and A&M and they're now doctors, lawyers, CPA's and make 150k and up. You must have been hangin' out with the wrong sort of friends. Their professors weren't 'snooty' and were seriously interested in them, their education, and their success in the job market. While my kids did end up with some college loan debt (as did I), they received some scholarship money and they worked part-time during the school year and during summers. In the end, the debt was paid off by good jobs with good starting salaries. While Community Colleges are excellent for some things (my daughter took classes in the summer at San Jac to lighten her course load during the school year), they're not for everyone. As far as US colleges being a 'joke' ... if that's true, why is it so many top foreign students are beating down our doors to be accepted at our schools??
avatar
Columbia??? Really? I hear that women that go there are so poor they cant afford their own birth control.
Apr 5, 2012 3:12PM
avatar
Most of my friends that went away to baylor, UT, and a&m failed and transferred to a junior college.  The internet is a way better learning mechanism than some snooty prof who just wants his students to respect him for a year.  san jacinto junior college got me a job at NASA, and its paying me more than anything else in this area, as well as working with my current school schedule.  Since U of H is so dirt cheap, I have no loans or debts.  Don't let these elitist jerks suck anymore money out of students and quit worrying about what brand of degree you're getting.  US colleges are a joke compared to overseas anyways. 
Apr 5, 2012 2:14PM
avatar
70% of these schools are private.  Who gives a rat's a%& what they do with their endowments?
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2013 Microsoft. All rights reserved.

Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.

Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.