<p>The topic at hand is school endowments, not matriculation! And, considering the hardships that most MHS attendees have to endure, I think the matriculation is nothing short of being totally fantastic.</p>
<p>Now, back to Milton Hershey being #1 in endowments! :P</p>
<p>boo – Actually, this board generally discusses traditional boarding schools. MHS, while a great institution has over 1700 students in K-12 and is to a large extent a vocational school. Apples to Oranges.</p>
<p>Endowment per student reflects the financial aspect more accurately.
1 Phillips Academy (Exeter) NH 0.479 4 1
1 Groton School MA 0.554 2 3
3 St. Paul’s School NH 0.767 1 5
4 Phillips Academy (Andover) MA 0.473 5 2
5 Deerfield Academy MA 0.468 6 5
5 Hotchkiss School CT 0.541 3 8
7 Lawrenceville Academy NJ 0.236 12 5
8 Peddie NJ 0.391 7 19
9 Milton Academy MA 0.150 26 3
9 Woodberry Forest VA 0.376 8 21
9 Choate Rosemary Hall CT 0.215 19 10
12 Middlesex MA 0.218 17 14
13 Saint Mark’s School MA 0.280 10 17
14 Thacher School CA 0.222 16 17
15 Emma Williard NY 0.231 17 32
16 Episcopal High VA 0.234 13 21
17 Taft School CT 0.224 15 20
17 Mercersburg Academy PA 0.303 9 26
19 Cate School CA 0.189 22 30
20 Noble and Greenough School MA 0.084 36 9
20 Loomis Chaffee School CT 0.132 27 18
20 St. George’s School RI 0.270 11 34
23 Concord Academy MA 0.080 38 9
24 Miss Porter’s School CT 0.225 14 34
25 Belmont Hill School MA 0.070 41 9
26 Governor Dummer MA 0.151 25 27
27 Webb school (TN) TN 0.072 39 14
28 Westover School CT 0.179 24 30
29 Westminster School CT 0.197 21 33
30 Blair Academy NJ 0.105 29 27
31 Brooks School MA 0.201 20 41
32 The Hill School PA 0.216 18 44
33 Webb school (CA) CA 0.040 55 9
35 Kent School CT 0.095 34 34
36 Northfield Mount Hermon School MA 0.101 32 40
37 Salisbury School CT 0.100 33 42
38 George School PA 0.102 31 44
39 Pomfret School CT 0.117 28 50
40 Lake Forest Academy IL 0.049 52 32
41 Thomas Jefferson MO 0.011 68 21
42 Cambridge School of Weston MA 0.018 64 25
43 Masters School NY 0.028 61 29
44 Putney School VT 0.061 44 46
45 WESTTOWN PA 0.066 42 48
46 Holderness School NH 0.105 30 60
47 Portsmouth Abbey School RI 0.071 40 52
48 Tabor Academy MA 0.060 47 47
49 Worcester Academy MA 0.048 53 42
50 Stevenson CA 0.013 66 34
51 Baylor School TN 0.062 43 57
52 Wyoming Seminary PA 0.057 49 52
53 Ethel Walker School CT 0.085 35 66
54 Stony Brook NY 0.022 63 39
55 Avon Old Farms School CT 0.084 37 66
56 Gould Academy ME 0.061 45 60
57 Dana Hall MA 0.057 48 60
58 Hun School NJ 0.003 71 38
59 Wayland Academy Wi 0.029 59 51
60 Suffield Academy CT 0.044 54 56</p>
<p>Hey, wasn’t Conserve School pretty high up on that endowment per student list just last year? Wonder what happened to them…</p>
<p>Many universities and prep schools that followed the “Yale strategy” of investing heavily in risky hedge funds saw their endowments drop 20 to 30 percent in the last year. I don’t think that list accurately reflects those losses.</p>
<p>If I remember correctly, the Board of Trustees of the school also were the Board of the company of the Conserve School deceased benefactor. I don’t think they were interested in running the school, and when the economy tanked, they decided to convert into a semester school, leaving current students to scramble.</p>
<p>That’s right. A judge ruled this week that a group of Conserve parents does not have grounds to sue the school over its plans to dismantle the four-year program, but the judge will allow the Wisconsin Attorney General to investigate whether the school violated the terms of its trust or failed to comply with the conditions of its non-profit charter. Also, Culver Academy (Conserve founder James Lowenstine’s alma mater) has filed federal suit to get their hands on Conserve’s $180 million in assets, which were to revert to Culver if the Conserve became untenable. </p>
<p>Just a nasty situation all around, and proof that even a sweet endowment doesn’t guarantee a strong educational program. I hope the school works as a semester program like the Mountain School; it would be a shame to waste the amazing plant they spent millions to build.</p>
<p>The Milton Hershey School specializes in educating inner-city and disadvantaged students; I think it is still exclusively male, also. They have a huge endowment, and do not charge tuitions to any of their students. George School might have risen among rankings, since it received the largest single bequest, from Barbara Dodd Anderson, ever made to a secondary school ($128 million). That doesn’t put it anywhere near Andover or Exeter, but for a semi-obscure Quaker school, it’s not too shabby.</p>