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Madeleine Berger


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NEWS  |  UNIVERSITY

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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