This report compares the fundraising activities of universities in the United Kingdom and the United States--continuing on from two previous Sutton Trust reports published in 2003 and 2006--and looks at the extent of fundraising and the size of endowment funds held by individual universities on both sides of the Atlantic. Key findings in this…

Background/Context: Endowments of institutions of higher education in the United States have attracted widespread attention in recent decades due to their meteoric rise in value and their precipitous decline during the recent recession. But there has been little research on the beginnings of the significant interest in and importance of…

Both the published tuition and fee prices of colleges and universities and the net prices students pay after subtracting grant aid and tax credits and deductions continued to rise between 2016-17 and 2017-18, even after adjusting for inflation. Average net prices in 2017-18 remain lower at public two-year and private nonprofit four-year…

In 2016-17, published tuition and fee prices rose slightly less than the year before. The rapid price growth observed during the Great Recession has abated, as typically happens when the economy recovers, but the rate of increase in tuition and fees continues to exceed inflation. More notable, however, is the pattern of the net prices students…

A large and growing body of work exists on the subject of endowment investing, but the equally important topic of endowment spending is treated less often. While the degree to which endowed institutions depend on their endowment for budgetary support varies widely, the market crisis of 2008-09 demonstrated that failure by the endowment to provide…

The increases in tuition and fee prices in 2015-16 were, like the increases in the two preceding years, relatively small by historical standards. However, the very low rate of general inflation makes this year's increases in college prices larger in real terms than those of 2014-15 and 2013-14. Significantly, and perhaps counter to public…

Between 2013-14 and 2014-15, average published tuition and fee prices increased by 2.9% for in-state students in the public four-year sector, by 3.3% for out-of-state students in the public four-year sector and for in-district students at public two-year colleges, and by 3.7% at private nonprofit four-year institutions. These increases are higher…

In recent years, university endowments have received much attention for their spectacular returns and innovative investment strategies, but few papers have examined trends in the endowment sector at large. In this paper, we analyze a sample of 1,300 educational endowments between 1992 and 2005. A striking phenomenon emerges of the "rich getting…

I review the development of the Fund for Excellence, which provides financial support for the Society for the Teaching of Psychology teaching awards. James McConnell provided funds in the early years of the awards before the Fund was established in 1987. I review the growth of the Fund and its administration by a Board of Directors, then make…

This third and final volume of the 2007-08 edition of "Trends" focuses on the resources that Canadian universities have to support their teaching and research activities. The volume begins by comparing the combined funding for teaching and research in Canadian universities with higher education funding in some of its most important…

Analyzes 1999 endowment performance of 503 colleges and universities and finds that 34 universities now have endowments that top $1 billion; however, despite the strong market, average returns were the lowest of the past five years. Also identifies institutions with highest and lowest returns; graphs show distribution of assets, trends in returns,…

Analyzes data from the 1999 National Association of College and University Business Officers Endowment Study of 503 institutions. Finds that 80 percent of endowment wealth was held by 129 institutions; that the average institution withdrew 5.4 percent from its endowment; and that 86.5 percent of assets were invested in marketable securities. Lists…

Reports on the spectacular returns on investments (especially in venture capital) reported by American universities with high endowments in 1999. Lists endowment performance by the nation's wealthiest 25 universities noting such returns as almost 60 percent by Duke University (North Carolina) and the University of Notre Dame (Indiana). Considers…

Investment returns on college and university endowments for 1997 was the sixth double-digit gain in the 1990s and the highest since 1986. Fiscal year 1998 is experiencing greater market volatility, with more modest returns predicted. Institutions with endowments of over $1 billion have increased from 20 to 25 in one year; this group holds nearly…

The upwardly mobile economy has propelled earnings on college endowments into double digits for the sixth consecutive year, with average returns on investments of 18.2%. The range was 5.6 to 38%, with the highest performer having 85.1% of investments in stocks and 13.6% in domestic bonds. On average, large endowments performed better than small…