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RECORD ENDOWMENT: Students walk across campus in front of Friedman Hall at Brown University in Providence. Brown has the largest endowment among Rhode Island colleges and universities, which grew to a record $3.8 billion, the school reported in October.
 / COURTESY BROWN UNIVERSITY

Colleges’ reliance on endowments ‘never been greater’

By the end of January, analysts will come out with their annual report on the performance of endowments of U.S. colleges and universities, including...
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