![How the value of the 20 largest college endowments changed last year](https://news.resonaadx.com/wp-content/uploads/2024/02/How-the-value-of-the-20-largest-college-endowments-changed.webp-600x400.webp)
How the value of the 20 largest college endowments changed last year
College endowment returns averaged 7.7% after fees in fiscal year 2023, according to new data released Thursday from the National Association of College and University Business Officers and the Commonfund Institute, an asset management firm. Although investment returns certainly help boost the value of endowments, they don’t reflect the full picture. Their market values also…