Study: Educational Endowments' Investment Returns Averaged 15.5 Percent in FY2014

Debt

Among Study participants, 629 reported that they carry long-term debt; the average total debt stood at $217.5 million as of June 30, 2014, compared with $204.3 million a year earlier. Median debt declined slightly to $55.2 million from $56.3 million. Thirty-two percent of Study participants reported increasing debt in FY2014, a one percentage point increase over the course of the year. Sixty-two percent reported a decrease, unchanged from the previous Study.