These 10 universities control a third of the money in higher education
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The 10 richest universities in the US control a significant amount of the wealth in higher education, according to a new report from Moody's.
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The 10 wealthiest universities - including both public and private schools - hold nearly a third of the total wealth of 503 universities rated by Moody's.
"The study illuminates the disparity between the haves and the have-nots in higher education," Washington Post higher education report Nick Anderson writes.
Here are the 10 richest universities in America, according to Moody's:
- Harvard University - $42.8B
- University of Texas System - $36.7B
- Stanford University - $31.6B
- University of California - $28.6
- Yale University - $25.4B
- Princeton University - $21.3B
- Massachusetts Institute of Technology - $15.2B
- University of Pennsylvania - $11.9B
- University of Michigan - $11.5B
- Duke University - $11.4B
Moody's found that America's richest universities are poised to get even wealthier, due to long-term investment returns and sizable philanthropic donations.
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Below, you can see how the wealth of the 10 richest universities relates to the rest of the schools:
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