College Endowment Returns Down in New Report

Image:  During the last fiscal year, colleges had the strongest endowment returns in 35 years. But what goes up must eventually come down and a new report on fiscal year 2022 shows a downturn for endowments across the sector compared to last year. The median return before fees was 27 percent in the 2021 fiscal year, according to data from the Wilshire Trust Universe Comparison Service. But more recent numbers indicate that college endowments fell by a median of 10.2 percent before fees...