What a Difference a Decade Makes: Growing Wealth Inequality Among Ivy League Institutions
Ehrenberg, Ronald G.; Smith, Christopher L.
[Excerpt] The eight Ivy League institutions – Brown, Columbia, Cornell, Dartmouth, Harvard, Pennsylvania, Princeton and Yale - are among our nations most selective undergraduate institutions. They also are among its wealthiest. They compete against each other for top faculty, graduate and undergraduate students, as well as on intercollegiate athletic fields. However, this competition has never taken place on a level “playing field” because of the vast differences in endowment resources that have always existed across the institutions. The prolonged stock market expansion during the 1990s magnified these differences in ways that many still do not fully comprehend.
Ivy League; wealth inequality; resource allocation; endowment levels; enrollment levels
Required Publisher Statement: Published by the Cornell Higher Education Research Institute, Cornell University.