UVA, Other VA Schools See Endowment V...

UVA, Other VA Schools See Endowment Value Gains

There are 4 comments on the NBC29 Charlottesville story from Feb 3, 2013, titled UVA, Other VA Schools See Endowment Value Gains. In it, NBC29 Charlottesville reports that:

A new report says several Virginia colleges and universities saw gains in the market value of their endowments last year.

Join the discussion below, or Read more at NBC29 Charlottesville.

rocktown

Harrisonburg, VA

#1 Feb 5, 2013
If I were to make a huge donation to a college I would stipulate that the money goes to the college not the presidents or faculty houses or the huge coach pay but to the college and pass the savings on to students. In form of lower tuition, as far as im concerned the academics people are as bad as welfare leeches. a college president making $100K/year or Professors Making at least $50K/year why should they have housing provided with maid service etc?
huck

Charlottesville, VA

#2 Feb 5, 2013
"The University of Virginia endowment's value grew 0.6 percent. But media outlets say the report doesn't reflect all investments."

.... which are???
..and grew by how much ???

If UVA's nest egg hasn't grown by leaps and bounds in this market, someone's not doing their job.
dude

Bassett, VA

#3 Feb 5, 2013
You would think uva is making a fortune out of bleeding their employees for parking money and no raises for years! They have really stepped up the parking enforcement there, even hiring extra people to enforce instead of spending that money to create more parking.
sez you

Charlottesville, VA

#4 Feb 5, 2013
huck wrote:
"The University of Virginia endowment's value grew 0.6 percent. But media outlets say the report doesn't reflect all investments."
.... which are???
..and grew by how much ???
If UVA's nest egg hasn't grown by leaps and bounds in this market, someone's not doing their job.
UvA had a big bubble going up untill 2008, then their finance people lost it big time. One must consider that those working at UVA do so cause they can't excel anywhere else in the private market, hence bad decisions. It doesn't take a rocket nerd to play the market, and with its connections to politicians UVA should be floating in money.

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