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Just out of curiosity. I always hear about how Harvard has a bottomless pit of dollars, but what about the little guys?
It doesn’t look good for little guys, they may not last for long, specially for profit colleges. Most high ranked colleges have billions tucked away in endowments to keep them afloat. Larger the student body, thinner their money spreads per student, smaller the number of students, longer stretch for endowment dollars.
Willamette University in Salem, OR, a private university, has always had a strong endowment. They offer full-ride scholarships to academically strong students that qualify for aid. Their endowment has only continued growing over the decades. It touts itself as the oldest university in the Western U.S. It was formerly a Methodist university, but when secular sometime in the mid-20th Century. Though enrollments declined in the last decade, the university made up the shortfall by tapping its endowment, and also added new programs to attract more students. It seems to have an ability to adapt and change with the times.
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