Largest endowments at colleges and universities, fiscal 2016

The endowments of major U.S. colleges and universities reported an average decline in value of 1.9 percent in fiscal 2016.

The 2016 NACUBO-Commonfund Study of Endowments reported financial data from 805 schools, the National Association of College and University Business Officials (NACUBO) said in a news release. In total, those 805 institutions reported endowment assets of $515.1 billion. H

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