Special Report

America’s 25 Richest Universities

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5. Trustees of Princeton University
> 2020 endowment: $26.6 billion
> Change from 2019: +1.7%
> Location: Princeton, New Jersey
> Fall 2019 undergraduate enrollment: 8,149
> Typical earnings 10 years after entry: $74,700

New Jersey’s Ivy League school Princeton University has the fifth largest endowment of any American university, at $26.6 billion. The school’s endowment slightly outperformed the average endowment, increasing 1.7% compared to its 2019 total.

Princeton University is one of the most exclusive schools on this list, admitting just 5.8% of applicants. With a student body of just over 8,100 students, Princeton’s endowment amounts to $3.4 million per student — over a $1 million higher than any other school on this list.

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4. Stanford University
> 2020 endowment: $28.9 billion
> Change from 2019: +4.5%
> Location: Stanford, California
> Fall 2019 undergraduate enrollment: 17,249
> Typical earnings 10 years after entry: $94,000

Stanford University has an endowment of $28.9 billion, which is nearly 175 times higher than the median endowment among schools that responded to the NACUBO survey on endowments. The university reported that about 80% of its endowment is restricted by the donors for specific purposes and is spread out among over 8,000 specific funds.

Stanford is one of the most prestigious schools in America, and as such, it is very exclusive. Stanford admitted just 4.3% of applicants for the 2019-2020 school year — the lowest of over 600 schools for which there is data.

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3. Yale University
> 2020 endowment: $31.2 billion
> Change from 2019: +2.9%
> Location: New Haven, Connecticut
> Fall 2019 undergraduate enrollment: 13,609
> Typical earnings 10 years after entry: $83,200

Yale University is one of just three higher educational institutions in America with an endowment greater than $30 billion. Most U.S. colleges and universities have endowments of less than $165 million. Yale is one of seven Ivy League schools on this list. These schools are generally among the oldest and most selective in the country, and Yale is no exception. The school admits just 6.1% of applicants.

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2. University of Texas System
> 2020 endowment: $32.0 billion
> Change from 2019: +3.2%
> Location: Austin, Texas
> Fall 2019 undergraduate enrollment: 51,090
> Typical earnings 10 years after entry: $58,200

The University of Texas System has the largest endowment of any public university, at $32 billion. The endowment grew by 3.2%, or $1 billion, compared to the previous year. The system is made up of eight universities and six hospitals, with the University of Texas at Austin serving as the flagship school. It is one of just seven U.S. schools and school systems with enrollments of over 50,000 students in the fall 2019 semester.

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1. Harvard University
> 2020 endowment: $40.6 billion
> Change from 2019: +2.9%
> Location: Cambridge, Massachusetts
> Fall 2019 undergraduate enrollment: 31,655
> Typical earnings 10 years after entry: $89,700

Harvard University is America’s oldest university, established in 1636. It is also the nation’s wealthiest, with a $40.6 billion endowment, far and away the largest of any school. Harvard may be America’s most prestigious university as well, admitting just 4.6% of applicants, lower than all schools except Stanford. The university boasts over 150 Nobel laureates and eight presidents among its former staff and alumni base.