Endowment drops 19 percent
Feb. 26, 6:35 p.m. The University's endowment dropped 19.1 percent in the first half of the current fiscal year, according to an e-mail University President Amy Gutmann sent to the Penn community. The e-mail also announced that tuition is increasing 3.75 percent for the 2009-2010 academic year, which is the lowest increase in more than 40 years.



