ENDOWMENT PERFORMANCE AND PAY AT OUR FLAGSHIP STATE SCHOOLS:
Last year we published our first annual review of endowment performance at the biggest and best public colleges. See: https://www.charlesskorina.com/nl-46-performance-pay-and-the-rest-of-the-story/
The public-college endowments garner much less attention than Harvard or Yale. They’re a bit smaller, and they’re scattered across the country in uncouth fly-over states outside the Northeast Media Corridor. And their graduates are statistically less likely to land in the White House. But attention must still be paid.
For one thing, as our survey last year demonstrated, many Public Ivy investors have been kicking the assets of their Private Ivy “betters” for years. As of fiscal year 2012, the Universities of Virginia, Michigan, Pittsburgh and Texas(and Penn State) all had five-year returns superior to Harvard, Yale or Stanford.Read More »