Cornell is rich

<p>Starting a large Ivy League university must be so profitable. Think about all the money it gets.</p>

<p>From student applications ALONE...well this year Cornell received about 28000 applications. $70 each means that from applications alone they racked in about $2,000,000 this year.</p>

<p>If that seems like a large number think about the enrollment fee. $30,000 per student for tuition, give or take. Cornell currently has about...13,700 students?</p>

<p>That means from tuition alone they make $411,000,000 annually.</p>

<p>Plus all the alumni givings, funding, grants, etc.</p>

<p>Now of course I realize that they have incredible expenditures, and they give out tons of financial aid, but just looking at these numbers alone...it's pretty staggering.</p>

<p>Something to relieve your boredom until 30th.</p>

<p>Cornell is rich! Cornell is rich, b itch!</p>

<p>their endowment is among the bottom 3 in the ivy league, i think. brown's is like nothing compared to that of harvard (obviously). it's fun to look at those numbers.</p>

<p>Harvard: $25.5 billion endowment (as of 2005). This makes Harvard the wealthiest university in the world.[15]
Yale: $15.2 billion (2005 value). This makes Yale the second-wealthiest in the world
Princeton: $11.2 billion. This makes Princeton the fifth-wealthiest in the world.
Columbia: $5.2 billion
University of Pennsylvania: $4.4 billion
Cornell: $3.8 billion
Dartmouth: $2.7 billion
Brown: $2.0 billion.</p>

<p>Harvard could do some amazing things with that kind of money...and yet...</p>

<p>Universities don't get much money from tuition. Most of the money comes from investments and grants.</p>

<p>not only is harvard the wealthiest univ...its the second $Richest$ Non-profit org. in the WORLD!!!! after Bill and Melinda foundation</p>

<p>cinsidering the number of companies the do research and other studies through these univs...its not that surprising</p>

<p>consider this: Harvard's rake is > Kenya's GDP</p>

<p>Yeah, it's a small country :p.</p>

<p>Vicissitudes, get off CC. I thought you were quitting cold turkey. I'm disappointed.</p>

<p>What matters more is endowment per capita</p>

<p>Redonculous.</p>

<p>Problem with you relying on tuition fee/application fees is a bunch of kids pay substantially less than the "retail" rate of around 30k. Then the other kids sort of subsidize it. What are the 3rd and 4th richest? Oxford and Cambridge?</p>

<p>i don't c whats the big deal abt endowment
there 55 colleges in the US itself with >1billion<br>
<a href="http://en.wikipedia.org/wiki/List_of_US_colleges_and_universities_by_endowment%5B/url%5D"&gt;http://en.wikipedia.org/wiki/List_of_US_colleges_and_universities_by_endowment&lt;/a&gt;&lt;/p>

<p>but its the students who make the universities successful. take Caltech for instance...its ranked #35 by $$$$, but it kicks ass academically...
the IITs won't even have 1/1000th of Harvard's endowment, but they ranked #3 in the world for engineering (thats after deducting points for NO international professors)</p>

<p>endowment's bull-**** if its not used properly for the students...and by no means is it an indicator of a universities intellectual wealth</p>

<p>this is where i beg to differ with Cornell's policies (frankly the only thing i differ with it on apart from the fact that the should fence the gorges)...they aren't exactly as lenient with aid as other universities, when it was these very students who got them the 'intellectually elite' tag...A university must re-invest in the student's...</p>

<p>Hey.. if we are talking about raking in monrey... u forgot CB</p>

<p>u mean college-board???
the crackpots charge for EVERYTHING!!!! even for sendin ur scores!!!</p>

<p>all thats left is for them to chatge $200 just to create an account at their site</p>

<p>Collegeboard is a nonprofit organization.</p>

<p>^And my brother is the queen^</p>

<p>"CB is a non profit"</p>

<p>That's what they say. But once you start looking at how much the execs at CB make, I don't think you can consider it non-profit anymore.</p>

<p>They aren't nonprofit anymore. They changed from a .org to a .com years ago.</p>

<p>Yeah they got smart. They know we're at their mercy.</p>