College endowments illustrate just how deep-rooted inequality is in higher education. U.S. college endowments held about $630 billion in fiscal 2019. But just a few schools account for much of that: More than one-third comes from the top 10, led by Harvard, the University of Texas, and Yale. By comparison, the assets of the approximately 100 historically Black colleges and universities (HBCUs) total just under $4 billion, with Howard University holding the most-$712 million as of June 2020.
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