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<p>When will CCers give up this whole “endowment” idea? It is such a misleading factor. Yes, privates have apparently larger endowments, but publics are largely supported by something that privates don’t get: government funding. Typically, a university will spend 5% of its endowment each year (by policy). Berkeley alone gets over $400 million from governmental revenue – just to spend. In order for a private school to match what Berkeley gets just in spending money from the government, it needs an $8 billion endowment (5% of 8 billion = $400 million). So Berkeley actually has an “implied” $8bn endowment (about), and an “actual” $3.5bn, for a total of about $12bn.</p>
<p>But even then, the comparison isn’t completely fair. Medical schools make up a large portion of a school’s budget, and consequently, its endowment. Berkeley does not “officially” have a medical school; UCSF, founded right after Berkeley as its med school, has always played that role (sharing faculty, students, funds, facilities, programs, degrees, etc. with Berkeley). Today, it receives over $600 million in governmental revenue, not to mention it has a $1.2bn endowment. If we were to add the two endowments (implied + actual) together, as one entity to make comparison easier, they’d have a $26bn endowment.</p>
<p>Of course, Berkeley doesn’t get as much from student fees, but we all know that they don’t even begin to cover the costs of running a university. And Berkeley has more students.</p>
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<p>This figures are always deceptive. I highly, highly doubt that NU has 4,000 professors.</p>
<p>And it turns out I’m right. From the most recent CDS, NU’s total instructional faculty is 1,192. Berkeley’s total instructional faculty? 2,028.</p>
<p>[2006-07</a> Instructional faculty and class size, Common Data Set - Northwestern University](<a href=“http://www.ugadm.northwestern.edu/commondata/2006-07/i.htm]2006-07”>http://www.ugadm.northwestern.edu/commondata/2006-07/i.htm)
<a href=“http://cds.berkeley.edu/pdfs/PDF%20wBOOKMARKS%2006-07.pdf[/url]”>http://cds.berkeley.edu/pdfs/PDF%20wBOOKMARKS%2006-07.pdf</a></p>
<p>Of course, this includes full- and part-time. One thing I’ve noticed that some privates do is that they count total instructional faculty and only undergraduate students to calculate the faculty:student ratio, even though the CDS instructions say to use all full-time students (+ 1/3 part time). Privates also tend to advertise their faculty # as total instructional faculty + med school faculty + grad student instructors + lecturers + researchers, etc. or any combination thereof. It seems NU does this:</p>
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<p>Seems exactly like what you’re doing for NU. ;)</p>
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<p>Beginning? Newsflash: it already does, and has for a long time. Ask any real-world academic whether Berkeley is on par with top privates, and they’d tell you yes. It’s only US News that seems to dispute this (and they have to, if they want their controversial rankings to keep selling). In the majority of rankings, Berkeley’s placed well above most privates. (To say that Berkeley isn’t quite on par with top privates is one thing; to say that it hasn’t even begun to compete is another – a completely ludicrous thing at that.)</p>