An endowment is entirely different from a market capitalization.
How can you write "employees might include staff" and keep a straight face? Yes, they do, how is this even in question? MIT has 1089 faculty members but 17,180 employees total. That's a 15x difference.
Yes. Do you realize how insane this is? A colleague of mine used to have a chart of staff per faculty member at MIT versus time. That figure has gone up around 20-fold on that chart.
It's almost all bloat and overhead made possible by being over capitalized.
How can you write "employees might include staff" and keep a straight face? Yes, they do, how is this even in question? MIT has 1089 faculty members but 17,180 employees total. That's a 15x difference.