U.S. colleges and universities saw returns on their endowments of 15.5 percent in 2014, up from the 11.7 percent gain recorded in 2013, according to the latest NACUBO-Commonfund Study of Endowments.
The 832 educational institutions covered in the study represented assets of $516 billion.
Harvard University maintained the largest endowment of U.S. educational institutions, with its $32.3 billion rising 11 percent to $35.9 billion.
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