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Duke's endowment dip comes amid volatile investment year, gains at other schools

Duke’s endowment took a hit this year even as other top universities saw gains. Unlike its similarly ranked private school counterparts, Duke’s endowment fell by nearly 1.2%—from $8.6 billion to $8.5 billion—despite a 0.7% investment return. Rachel Satterfield, Duke’s interim vice president for finance, explained that Duke’s endowment is calculated based on a number of factors. 

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Students have found community where they can while living off campus this semester.

'Slightly isolating': Off-campus juniors and seniors try to find community in an unusual year

In July, Duke told juniors and seniors who had been planning on returning that they would not be able to be housed on campus, with limited exceptions, and many students scrambled to find leases in apartment complexes close to campus. It may be harder to build community in an off-campus apartment than in a traditional campus dormitory, but students are connecting with their classmates where they can.