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Image: Facing financial pressures, the King’s College made a recent appeal to donors for $2.6 The deadline to raise the $2.6 So far, the college has raised $178,000, according to an email sent to supporters earlier this week. million was Feb. While officials have described Feb. Still, he noted, students are worried.
The average return for all college endowments in fiscal 2022 was negative 8 percent, falling far short of the 30.6 NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on student financial aid.
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