federal government. $854 million per school per year, more than they take in through undergraduate tuition. it s not that they are poor, the combined endowments were $119 billion in 2015. greater than the gdp of 16 states and more than 130 countries internationally. keep in mind that thanks to federal law, those endowments are allowed to grow tax-free. that saves them close to $10 billion in the past six years. are you getting that deal with your investments? probably not. most ivy league professors will say they support higher taxes, of course they do, it could be time to take them up on their offer. because keep in mind, they despise you and everything you stand for. while you are paying for them. that is it for us tonight, tune in every night at 9:00 for the show that is the sworn enemy of lying, pomposity, smugness and groupthink. dvr it if you don t already. we moved back next door to a
fox news inclusive subsidizing students to attend some of the most expensive universities in the nation. gerri willis shows us the connection between tax dollars and the ivy league. new study found that ivy league colleges brought in more money from your tax dollars than from all payments of tuition by undergraduate students. despite the fact they have more than $119 billion in endowment money. these tiny numbers are part of a new 43 page report first seen by fox news and released today. the group s founder went over some of the numbers. it s a bull market for government contracting at the ivy league with nearly $26 billion of federal contracts and grants. endorse the education number collected on student tuition at
it s a shocking study. a new study found over a six-year period ivy league colleges brought in more money from your taxpayer dollars than from all payments of tuition from undergraduate students that s despite the fact they have more than $119 billion in endowment money. it s part of a 43-page report first seen from fox news and released by open the books and spoke to the founder. it is a market for government contract at the ivy league with nearly $26 billion of federal contracts and grants. it dwarves the number of tuition of $22 billion collected over the course of the last six years. now, open the book studied all ivy league schools to understand their sources of funding between 2010 and 2015
students. that is despite the fact they have more than $119 billion in endowment money. the stunning numbers are all part of a new 43 page report first seen by fox news and released today by open the bug. i spoke with their founder. it is a bull market for a government contracting at the ivy league s with nearly $26 billion of federal contracts and grants, it actually dwarfs the education number collected on student tuition at the ivy league s of $22 billion collected over the course of the last six years. open the book studies all eight ivy league schools to better understand their sources of funding between 2010 and 2015. some of the federal spending makes sense like the study of aids but others are not such defensible things like college binge drinking, ethics in tanzania or sex chromosomes and turtles. taken together, the payments are more than the federal government gave 216 state governments.
some makes sense like the study of aids, others not as the study of drinking and taken together it s more than the federal government gave to 16 state governments. the spending is controversial because the schools have enormous resources at their finger tips. $119 billion in endowment dollars raised from donors and the total is equivalent to $2 million per undergraduate student. were they to continue to receive contributions at present rates they could provide free tuition to their entire student body forever. to be sure endowments on the for spending in a single year and no one expects ivies to give them a free ride forever but heavy sponsorship calls into question the use of taxpayer dollars and with parent across the country facing annual tuition of $33,000