Larger Endowments Do Better, Invest More In Alternatives

The rich keep getting richer, or so it seems for endowments.

Over the last decade, colleges and universities with over $1 billion in their endowments have earned an average of 12% per year, compared to those with under $25 million, which earned an average of 7.9%, according to a recent survey by the National Association of College and University Business Officers.