Rutgers Endowment Hits $1 Billion

[Knight Shift]

Rutgers endowment hits $1 Billion.
http://www.mycentraljersey.com/stor...utgers/2015/12/09/rutgers-endowment/77050244/

 

[carolina scarlet]

Rutgers endowment hits $1 Billion.
http://www.mycentraljersey.com/stor...utgers/2015/12/09/rutgers-endowment/77050244/

Compared to who?

 

[rurichdog]

Compared to who?

Certainly not our peers

 

[Knight Shift]

 

[Machiavelli23]

What are things the endowment can be used for? Like, what is its purpose?

 

[Knight Shift]

What are things the endowment can be used for? Like, what is its purpose?

The money is generally invested, but schools spend about 5 percent each year on scholarships, building projects and other expenses.

 

[soundcrib]

Up to 4 inches now.

 

[carolina scarlet]

immaterial...but nice.

 

[Caliknight]

We are like Ron Jeremy...at age 12.

But we are growing up.

 

[RUScrew85]

We are woefully un-endowed.

 

[bac2therac]

the Milfs at the Hillsborough Deli are congregating as we speak in Voorhees Mall and are soon to be grabbing these growing endowments

 

[Blitz8RUCrazy]

Compared to who?

compared to the OP.

 

[Knight Shift]

We are woefully un-endowed.

We went 1,000,000,000 and 0 this week. It's a process. . . . .

 

[Machiavelli23]

The money is generally invested, but schools spend about 5 percent each year on scholarships, building projects and other expenses.

AH IC

 

[LC-88]

Up to 4 inches now.

LOL! Reminds me of an old Sgt. Rock cartoon. "Boy is still counting in inches."

 

[beaced]

I am hoping that someone who knows how to post a pic,takes FULL advantage of the subject line. PLEASE.:stuck_out_tongue_winking_eye:

 

[Scarlet16E]

We are woefully un-endowed.

How about we stop bitching about things everybody already knows, and celebrate that we are moving in the right direction? Our endowment has nearly doubled in the last decade. That is great progress!