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Stanford is facing significant financial pressures

1 pointsby mmqabout 5 years ago

2 comments

Rafuinoabout 5 years ago
The key point in the thread is that they&#x27;re giving back their CARES Act funding as they know smaller colleges need it more than they do. Stanford has a $26B+ endowment... they&#x27;ll be just fine.<p>Harvard, on the other hand, has a ~$41B endowment, and last I read they&#x27;re taking the CARES Act funding. They&#x27;re taking a lot of heat for not returning the funding, instead saying they&#x27;ll &quot;use 100% of it for students.&quot; Stanford is taking the higher road here.
masonicabout 5 years ago
Stanford has a <i>$27 billion endowment</i>, having <i>doubled</i> in the last decade alone.