Watch out, Ivies, there’s a new endowment performer in town. Baylor University’s $2 billion endowment â a fraction of those in the Ivy League â generated a 6.4% return for the fiscal year that ended June 30, outperforming the entire conference. Harvard’s endowment, the largest at $50.7 billion, returned 2.9%. What’s more, Baylor’s annualized return … Read more
NEW YORK — A New York City medical school will be tuition-free for all students from now on thanks to a $1 billion donation from a former professor, the widow of a Wall Street investor. Ruth Gottesman announced the gift and its purpose to students and faculty at Albert Einstein College of Medicine Monday, bringing … Read more
The U.S. Department of Education announced Monday it is introducing a “FAFSA College Support Strategy” with additional personnel, funding, resources and technology to help colleges process the new Free Application for Federal Student Aid forms after the rollout was repeatedly complicated by a number of setbacks. “We are determined to get this right,” U.S. Secretary of Education Miguel … Read more
