[Mpls] Re: Mpls Digest, Vol 16, Issue 34
Tim Bonham
t-bonham at scc.net
Sat Apr 23 18:47:48 CDT 2005
>If Harvard can offer a general college type school for
>almost anyone, why can't the University of Minnesota?
Maybe because Harvard has an endowment of over $19 Billion, which
generates about $750 in income for the school. (It's their largest source
of income.)
The University of Minnesota Endowment is about $1.3 Billion, or
about 7% of Harvard's.
If the U of M had a 93% increase in their Endowment Fund, they could
probably support a lot of programs like General College. But they don't
have it.
Tim Bonham, Ward 12, Standish-Ericsson
More information about the Mpls
mailing list