Good point. I’ve never been there, but have heard that New Haven has some really bad neighborhoods. Sounds like a good project for a liberal university— improve your own hometown using your liberal values. Tell us how it works out.
That plus spread your endowment around. Think Globally, act locally. etc.
Should Professors and Administrators earn more than 10x the minimum wage?
Below is a list of the 10 universities with the largest endowments at the end of fiscal year 2015. Endowments were examined by campus, not across public university systems. Unranked schools, which did not meet certain criteria required by U.S. News to be numerically ranked, were not considered for this report.
School name (state) | End of fiscal year 2015 endowment | U.S. News rank and category |
Harvard University (MA) | $37,615,545,000 | 2, National Universities |
Yale University (CT) | $25,542,983,000 | 3 (tie), National Universities |
Princeton University (NJ) | $22,291,270,000 | 1, National Universities |
Stanford University (CA) | $22,222,957,000 | 5 (tie), National Universities |
Massachusetts Institute of Technology | $13,474,743,000 | 7, National Universities |
University of Pennsylvania | $10,133,569,000 | 8 (tie), National Universities |
University of MichiganAnn Arbor | $9,809,705,000 | 27 (tie), National Universities |
Texas A&M UniversityCollege Station | $9,754,202,036 | 74 (tie), National Universities |
Columbia University (NY) | $9,639,065,000 | 5 (tie), National Universities |
University of Notre Dame (IN) | $8,784,381,000 | 15 (tie), National Universities |
I was working with a guy and we drove from NC to NH and stopped at hs daughters in New Haven. She was getting a PhD in Chinese studies and lived in the graduate student ghetto, abut 2-3 blocks mostly made up of houses rented by masters and doctoral candidates. BTW I spent the night in her study with bookcases full of book. She told me to help myself to the library. Everything was in Chinese. LOL.
The area around Yale was a pit. She took us to a little hole in the wall restaurant with good food, but the neighbrhpod was very bad. I would not have taken my wife or kids there. I thought, Yale is the 500 pond gorilla in the city, why don’t they free up some endowment money or pressure the city to clean up?
BTW she turned down state and the CIA and CNN and went to work near her home in Silicon valley. She went to law school on Hawaii and her role model is Ruth Ginsgerg. predictable, her family is all flaming libs. But she’s smart and quick and you better be on your toes. Yale grad.