Amid crisis, endowment takes a hit

5 October 2008, 9:00 pm

After seeing consistent growth in recent years, USC's $3.7 billion endowment has taken its deepest dive into the red since the explosion of the dot-com bubble. USC has reported that its $3.7 billion endowment lost 1.2 percent of its value during the 2008 fiscal year, marking a substantial drop from last year when it gained 21 percent.... Read More »

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