College endowments rebound in fiscal 2010

From The New York Times: The Nacubo-Commonfund Study of Endowments has found that the value of university endowments increased an average of 11.9 percent for fiscal 2010, making up most of the ground lost in the previous year. In the previous fiscal year, endowments were down an average of 18.7 percent. Still, endowments at the 850 colleges and universities included in the study — representing $346.5 billion in assets — are not back to their prerecession levels.