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For every dollar in tuition and fees collected from first-time undergraduates, private colleges used nearly 55 cents for financial aid.

Washington, DC (PRWEB) May 19, 2022 -- Average private college and university tuition discount rates continue to climb—but a new analysis from the National

The average endowment’s size increased by 35 percent, leaving 19 percent of institutions with endowments worth more than $1 billion. But experts say few students benefited from that growth.

College and university endowments returned an average net 30.6% in the fiscal year ended June 30, according to a NACUBO-TIAA study.

The boom in U.S. stock prices drove the high returns. “Whenever the stock market does well, endowments -- just like other institutional investors -- tend to do very well. So last fiscal year -- the year that ended June 30 -- the stock market as measured by the S&P 500 did about 40.8 percent, which is astounding,” said Ken Redd, director of research and policy analysis at the National Association of College and University Business Officers. “So whenever you get a major stock index like that rising, we tend to get very high endowment returns.” Other assets, including venture capital, ...