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August 31, 2026
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Yeah it's actually pretty common. They will typically give you between 5-10% of the total endowment to invest using etrade.
lol do people actually use etrade?
LOL, 5-10% of the endowment at most state schools (and this is coming from a state schooler) is $500.
Write your state representative. Tell them
1.) The state has the power to transfer income from private school endowments to state schools. 2.) State schools are one of the most effective ways to improve economic mobility and protect the middle-class and they need more funding. 3.) The state can rebate income taxes to students who paid out-of-state tuition but decided to remain in the state.
What do you mean write to my state rep?
This is common. Talk to some finance profs
The investment association of my school runs a portfolio of ~$4MM, but it's also the largest entirely student-led investment fund in the country.
that is quite large. my schools currently running with $600k of the endowment.
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