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Endowment Returns Down for Fiscal Year 2022, Especially for Schools with Less

Diverse: Issues in Higher Education

Inflation and geopolitical disruptions caused endowment returns to fall by 8% in fiscal year 2022, according to an annual study released last week by the National Association of College and University Business Officers (NACUBO) and the Teachers Insurance and Annuity Association of America (TIAA). on average.