U. announces 12.5 percent endowment return
Marcia BrownThe University released its endowment returns on Monday afternoon, Oct. 9, and showed a 12.5 percent investment gain for the fiscal year ending June 30, 2017. The endowment is now valued at $23.8 billion, a growth of $1.6 billion from last year, when the University reported only a 0.8 percent return.