For the Good of Illinois

Accuracy in Academia: Ivy League Colleges have Big Endowments, about $2 Million Per Student

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Ivy League Colleges have Big Endowments, about $2 Million Per Student

October 19, 2016, Spencer Irvine, 0 Comments
 
 
As of 2014, the eight Ivy League schools had 58,982 undergraduate students and total endowment funds on hand of about $117 billion, according to a study from OpenTheBooks. That works out to roughly $2 million per student. Yet between 2010 and 2014, according to the same study, these schools received some $30 billion of taxpayer contracts, grants, direct payments, student assistance and tax exemption. In other words, federal cash and subsidies over that time averaged nearly $102,000 per student each year.
 

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