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As Harvard's endowment abandons fossil fuels, oil-rich University of Texas catches up

We believe in thanking our sources! This post was sourced from the following blog/website: https://www.npr.org/2022/11/10/1133554526/harvard-texas-endowment-oil-gas-billions-colleges-universities-fundraising

The following is a new blog post related to education and teaching and relevant to our website visitors. The blog post is not based on the opinions or values of our company but is related to education and teaching, so we wanted to share it with YOU! If you ever have any questions please let us know. Now… on to the post!

Harvard University has had the largest academic endowment since 1986.

Royalties on oil and natural gas, along with lease payments on millions of acres of land, are helping the University of Texas, which is in second place, narrow the gap with Harvard.

(Image credit: Maddie Meyer/Getty Images)

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