May 10, 2024
12:08:11pm
nova_coug_fan Playmaker
Is BYU's endowment actually $2.5 billion?
That is what is listed, but if it is accurate that BYU subsidizes 2/3 of the tuition for BYU students, the cost of doing so for 35,000 students would be about $450 million per year, and if BYU follows the 4% rule, just to cover the cost of tuition (and nothing else) would require a corpus of $11.3 billion, which would be larger than University of Virginia and Vanderbilt, and just behind Duke.

As an aside, this is yet another reminder of the absurdity of the concerns about the church's $100 billion investment fund. The church runs/pays for a heck of a lot more than a single university with its funds, including other universities, churches, temples, ward and stake operating budgets, etc. etc.
nova_coug_fan
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nova_coug_fan
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