After two years of healthy growth, colleges' endowment investment return rates fell in 2015. While they didn't come close to the declines of some years in the past decade, the average rate is the lowest reported since 2012. On average, colleges had 2.4 percent returns for the 2015 fiscal year, according to an annual survey by Commonfund and the National Association of College and University Business Officers. The survey includes data from 812 U.S. colleges and universities. That’s considerably lower than the past two years, when returns hit the double digits. But the rate is higher than 2012's drop of 0.3 percent.

January 27, 2016 ・ From Inside Higher Ed