Yale University Endowment Grows To $27.2B

NEW HAVEN, Conn. (CBS Connecticut and AP) – Yale University’s endowment has grown to a record high $27.2 billion.
The Ivy League university in a statement Tuesday said the endowment earned an 11.3 percent investment return for the fiscal year that ended June 30.
The endowment was valued at $25.4 billion on June 30, 2016.
The university said it plans to spend $1.3 billion from the endowment for the 2018 fiscal year, much of it on financial aid that ensures Yale meets “the full f