Covering the business of education and training

Universities have money in the bank, money making money, money out the wazoo.
But, I never knew just how much money these schools were sitting on until today.

The top ten university endowments total $120 billion. That's a 'B.'

The top ten endowments in the nation - in billions

10. Texas A & M - 5.6

 9. University of Michigan - 5.7

 8. University of California - 5.8 (that's where I live! Then why is tuition so high!!!???)

 7. Columbia University - 5.9

 6. MIT - 8.4

 5. Princeton - 13

 4. University of Texas - 13.2

 3. Stanford - 15.2

 2. Yale - 18

 1. Harvard - 29.2

Harvard has more money wrapped up in endowments than Rice, Cornell, Duke, University of Chicago, Notre Dame put together!

What's with all this money just sitting around making more money?

What do you think?

The complete list.