Berita Aktual


 
Kamis, 24 Juli 2008 
AUSTRALIA: Endowments a fraction of Harvard's 
Geoff Maslen

More than 150 years after Australia's first university was founded, the nation's 40 higher education institutions have collectively amassed less than US$5 billion in investments and endowments – or about one seventh of that held by a single university in America. In fact, Harvard University has an endowment whose value grew to almost $35 billion by the end of the 2007 financial year. While the money earned from the investments and endowments of Australian universities contributes 17% to their total incomes, Harvard's return is double that and almost matches the Australian government's entire contribution to the higher education system.


Full report on the University World News site
Category: SPECIAL REPORT: Investments and endowments
 



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