<p>Very interesting article about Exeter's BILLION dollar endowment from the NYT</p>
<p>At</a> Elite Prep Schools, College-Size Endowments - New York Times</p>
<p>THanks for the link, I enjoyed reading that story.</p>
<p>I have to say that I feel conflicted when I think about my daughter leaving her $8000/student public school (sorry, all sports and after school activities need to be canceled!) to go to a $40,000/ year school that then uses its endowment to double that expenditure to $80,000/ student (sports and activities galore and required!). It is a huge concentration of resources.</p>
<p>It doesn't seem fair, but not accepting FA for my daughter to go to BS wouldn't change anything in the big picture. In fact her school has one less kid to accommodate.</p>
<p>Beyond the facilities, which are not the highest thing on my list, I think the boarding schools really help the kids most with the low ratios of students to teachers.</p>
<p>Here is an Exeter alum, now Yale freshman's, perspective on the story taken from his blog.</p>
<p>Money</a> Money Money: Elite Prep School Endowments | the Sam Jackson College Experience</p>
<p>Exter endowment is over 1 Billion dollar now.</p>
<p>Hi all- this is Sam Jackson here. Thanks for clicking through. Happy to help answer any questions about how endowment plays out @ Exeter v. Yale, though directing them as comments on my site would be better, 'cause it's finals time here at Yale and I get email updates of comments but not CC follow up posts : )</p>
<p>I go to a private PreK-8 school in the SF bay area that is known for having fairly wealthy attendees (as well as a lot of kids on financial aid) and our endowment is only 12 million. Go figure?</p>