The Wealthiest U.S. Universities Got $26 Billion Richer Last Year - KAITLIN MULHERE, Time

The wealthiest 25 colleges got a combined $26.3 billion richer last year. That growth in their endowments was helped by a year of healthy investment returns. The average investment return for fiscal years 2017 was 12.2% after fees, according to the annual NACUBO-Commonfund Study of Endowments released Thursday. And yet the report’s tone was far from rosy. Endowment returns have been volatile in the past decade, pinging up with double-digit returns one year before dropping to negative or flat returns the next. That’s brought the 10-year average investment return to 4.6%, down from a 10-year return of 5% last year. http://time.com/money/5116456/college-endowments-returns-2017/