February 19, 1999
A Bull Market Gave Colleges 18% Return on Endowments in 1998Performance of College and University Endowments
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The number of institutions with billion-dollar endowments grew from 25 to 31 If you want to know what impact the bull market has had on higher education, look to the farm fields of central Iowa. With an aggressive investment strategy, little Grinnell College has emerged as a financial powerhouse.
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