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Old May 19, 2008 | 07:38 PM
  #29  
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skabone69
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Joined: Jun 2002
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From: Mesa, AZ
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speaking of schools, do you guys know how much Harvard has in their endowment? Billions of dollars, and they get a return of roughly 23% per year. Lets just be a little conservative for a moment and say they only got a 15% return, the amount of intrest they would make on their endowment would be able to fund every single student including grad students for a year. Its kind of intresting that Harvard doesn't pay any taxes on their endowments. Now think about how many other schools have crazy larg endowments, pretty much ever college should be able to fund free education. Its kind of funny how that doesn't happen.
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