Baylor University

Baylor University

Universities Gain More Endowments After 2009 Losses

In 2009, the recession put a heavy strain on university endowments, but things seem to be turning around, according to the comprehensive Nacubo-Commonfund Study of Endowments, released last Wednesday.

The value of endowments increased an average of 11.9 percent for the fiscal year of 2010, which ended in June, nearly making up for 2009’s losses. They decreased an average of 18.7 percent in the last fiscal year. The gains follow a 14.4 percent increase of the S&P 500, a commonly-used stock performance benchmark.

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2010 NBA Draft Roundup: Kentucky Steals the Show

The NBA Draft took place in New York last night, and the first overall pick, John Wall of Kentucky, set a tone for the first round. Every time you looked up, there was another Wildcat walking up to the podium.john-wall-washington-wizards

After Wall went at #1 to the Washington Wizards, fellow freshman DeMarcus Cousins went to the Sacramento Kings at #5, junior Patrick Patterson went to Houston at #14, freshman Eric Bledsoe went to the Thunder at #18 and freshman Daniel Orton went 29th to the Magic giving Kentucky an astounding five first-round selections.

It was reminiscent of the 2005 draft, when four North Carolina Tar Heels were selected in the first 14 picks.

When I think about the group of Kentucky players, a thought creeps into my head: has the class designation lost all meaning in D-I college basketball? Read the rest of this entry »





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