Describes how, after a spectacular performance last year, higher education's largest endowments will do well just to break even this year. (EV)

Discusses how most colleges lost money on their endowments again during the past fiscal year (an average of 6 percent), prompting business officers to rethink investment strategies. Includes a table listing over 650 colleges' endowment earnings. (EV)

Discusses how New York University's endowment managers feel vindicated in the current down market following derision by critics in the 1990s of the institution's investment strategy. (EV)

Describes growth in the endowments of colleges and universities in 2000, with the gap between the wealthiest institutions and the rest of higher education becoming wider. Includes a table on the size and growth for the past year of 569 college and university endowments. (EV)

Describes how, when the Enron Corporation collapsed, Harvard made money while the University of California lost $145 million. (EV)

Describes how many college money managers are entrusting billions of dollars in endowment wealth to hedge funds, which have a reputation for winning big, and sometimes losing big, too. (EV)

Describes how the University of North Carolina at Chapel Hill, traditionally conservative in its investments, is taking a riskier approach in the hope of increasing returns; moves include consideration of a private financial services spinoff. (EV)

Describes how Iowa State University's mishandling of a bequest of farmland (the land was sold despite a directive that it be maintained by the university) cut to the heart of both its own credibility and the region's source of pride. (EV)

Describes how, for the first time since 1984, the value of college endowments dropped last year. Includes data charts and a listing of endowment fund amounts and the annual change for over 600 universities. (EV)

Contrasts the reactions of Swarthmore College and Pennsylvania State University as the endowments at both institutions topped the billion dollar mark in 2000. Swarthmore uses its endowment to assure that financial need is never considered in admissions decisions, but does not touch the principal. At Pennsylvania State, tuition is more affordable,…