Quote:
Originally Posted by southoftheloop
Yes.
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If we're talking absolute dollar amount, not by a long shot, except for Duke:
1) Harvard: $41.9 billion
2) Yale: $31.1 billion
3) Stanford: $28.9 billion
4) Princeton: $26.6 billion
5) MIT: $18.4 billion
6-10) Etc.
11) U. of Chicago: $10.0 billion
12) Duke: $8.5 million
BUT, What may be more meaningful is endowment per student. Here, Princeton is #1 at $2.9 million and Chicago is only #39 at $449M.
BUT BUT, none of this directly correlates to quality. Many 2nd and 3rd rate schools have larger endowments per student than Chicago, while Chicago has the 2nd highest number of official Nobel laureates, after Cambridge in the UK, and well ahead of Harvard, Princeton, etc.
Having said all this, more money is always better than less money. (And all numbers are approx.)