Colleges and universities some universities in the world are wealthier than others. The Richest Universities In The World 2019 list is based on the value of their endowments. Harvard University comes in first with an endowment of $36.4 billion. Stanford University is a close second with an endowment of $35.2 billion.
Yale University, the University of Texas System, and Princeton University round out the top five with endowments of $25.6 billion, $24.1 billion, and $23.6 billion, respectively. The majority of the universities on this list are located in the United States. However, there are a few universities from other countries that cut. For example, the United Kingdom’s Cambridge University comes in at number six with an endowment of $22.
The U.S. university system is largely decentralized. Except for service academies and staff colleges, the federal government does not directly regulate universities; public universities are administered solely by the individual states.
Besides the state-administered public universities, many private universities are in the United States. Most are non-profit institutions, similar to the public universities, but several institutions rely on profit (Walden University in Minnesota, for example).
In general, tuition rates and the number of alumni who have donated money play a role in deciding which schools rank. In this article, we will look at some of the wealthiest universities in the world and how much it costs to attend these schools.
The Richest Universities In The World 2019
|1||Harvard University||$38.3 Billion|
|2||The University Of Texas System||$30.89 Billion|
|3||Yale University||$29.35 Billion|
|4||Stanford University||$26.46 Billion|
|5||Princeton University||$25.92 Billion|
|6||Massachusetts Institute of Technology||$16.53 Billion|
|7||University of Pennsylvania||$13.78 Billion|
|8||The Texas A&M University System||$13.52 Billion|
|9||University of Michigan||$11.9 Billion|
|10||Northwestern University||$11.09 Billion|
Universities with large endowments tend to be the wealthiest schools around. Stanford University has the largest endowment of any school globally, with over $24 billion in assets.
Other schools that rank high on the list include Harvard University, Yale University, and Princeton University. Tuition rates also play a role in determining how rich a university is. Schools that charge more for tuition generally have larger endowments.
- Endowment: $23,812,241,000
- Annual cost of tuition per undergraduate student: $47,140
- Average salary of full professor: $206,496
- Annual research budget: $305,147,000
- Endowment: $24,784,943,000
- The annual cost of tuition per undergraduate student: $49,617
- The average salary of the full professor: $234,549
- Annual research budget: $1,066,269,000 — Stanford University ranks #8 for Largest Research Budgets
3. The University of Texas System
- Endowment: $26,535,095,000
- Annual cost of tuition per undergraduate student: $36,744 (Austin)
- Average salary of full professor: $116,119 (Austin)
- Annual research budget: $621,692,000 (Austin)
- Endowment: $27,176,100,000
- Average annual tuition per undergraduate student: $51,400
- The average salary of the full professor: $216,189
- Annual research budget: $881,765,000 — Yale ranks #17 for Largest Research Budgets
- Endowment: $36,021,516,000
- Average annual tuition per undergraduate student: $48,949
- The average salary of the full professor: $221,382
- Annual research budget: $1,077,253,000 — Harvard ranks #7 for Largest Research Budgets
Source: Statista | NACUBO | Commonfund Study of Endowments