Why are college endowments so massive? (1 Viewer)

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TL;DR endowments are massive sums of money such that the interest gained or the investment profit off of the endowment is enough to fund day to day operations, pay off staff, or fund scholarships.
 

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TL;DR endowments are massive sums of money such that the interest gained or the investment profit off of the endowment is enough to fund day to day operations, pay off staff, or fund scholarships.
the video goes more in depth about the history of endowments and their relationship with pe and hedge funds and why they don't go into scholarship; they're moreso a satire/information channel a la wall street oasis
 
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the video goes more in depth about the history of endowments and their relationship with pe and hedge funds and why they don't go into scholarship; they're moreso a satire/information channel a la wall street oasis
I wish someone gave *me* an endowment.:umjicry:
 
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