Word: nacubo
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Dates: during 2000-2009
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...average endowment growth for an institution of higher learning was 3 percent for the year that ended June 30, 2003 (FY 2003), according to an annual study of 723 American colleges released Tuesday by the National Association of College and University Business Officers (NACUBO...
Damon J. Manetta, a NACUBO spokesperson, said that in addition to its “alternative investments,” Harvard’s in-house investment staff helped the University achieve its relatively high rate of growth...
However, despite the high cost of tuition, another study out last week by the National Association of College and University Business Officers (NACUBO) showed that tuition does not come close to covering the actual cost of a college education...
...NACUBO has been studying the tuition as part of its “Cost of College Project,” which hopes to define a formula for figuring out the true cost of a college education to the institution and includes everything from research and faculty salaries to electricity and heating costs...
...NACUBO survey did not include room or board charges...