The Times-Dispatch Looks At Growing….
college endowments in college in Virgina. The article says that University of Virgina tuition went up 8.3% while the endowment gained around 800 million bucks.
A quick look at the University of Virgina shows a undergrad population of around 15,000 and tuition of around 8500 bucks a year today for in state students and around 27 grand for out of state students. The tuition gain of 8.3% could have easily been eating up by the endowment gains.