Figure 1: Number of Public and Private Universities by Endowment Per FTE

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Source: Author’s calculations based on 2021-22 data from the Integrated Postsecondary Education Data System (IPEDS).

Note: Very small, small, medium, and large endowments are defined as those with endowments per FTE that are less than $25,000, $25,000 to $100,000, $100,000 to $500,000, and greater than $500,000. Institutions are restricted to those with greater than 250 full-time, first-time students. All dollar values reflect 2023 price levels. FTE is Full-Time Equivalent.