56 Colleges Now Have Endowments Topping $1 Billion...

Associated Press   |  JUSTIN POPE   |   January 23, 2006 09:21 AM

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The number of North American colleges with endowments topping $1 billion has jumped to 56, a new study says, with nine schools joining the elite club in what was an average year for university investments overall.

Harvard remained the richest, with $25.5 billion, followed by Yale with $15.2 billion.

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