This public land-grant university was established in 1867. They’re classified as a Doctoral Research University for their high research activity, which is accompanied by a budget of over $2 billion, over $640 million of which was used for research expenses in 2017 alone.
The university has an endowment of over $3.4 billion and has produced several notable alumni. Among the list of accomplished individuals affiliated with the University of Illinois are 30 Nobel Prize winners. The library on campus is the largest of any university in the U.S, second only to Harvard.
Brown University: $4.2 Billion
This private Ivy League research university was founded in 1764 and was originally known as College in the English Colony of Rhode Island and Providence Plantations. They are the seventh oldest higher learning facility in the nation and were the first to allow students regardless of which religion they identified with.
They have an endowment of over $4.2 billion, which is quite a bit higher than the previous year. Notable Brown alumni include eight Nobel Prize winners, 54 members of Congress, 23 Pulitzer Prize winners and a U.S Supreme Court justice.
Michigan State University: $3.2 Billion
MSU is a public university located in East Lansing, Michigan. It was established in 1855 as the Agricultural College of the State of Michigan. The school is one of the largest higher learning facilities in the country and has a student body of over 50,000.
According to the U.S News & World Report, MSU has some of the best graduate programs in the nation. On the list are their rehabilitation counseling, elementary and secondary teacher’s education and nuclear physics programs. The university, which has an endowment of over $3.2 billion, is well-known for its athletics teams, The Spartans.
The University Of North Carolina At Chapel Hill: $5.4 Billion
The University of North Carolina at Chapel Hill saw its first students in 1795, making it one of the oldest public schools in the United States. The campus has grown to accommodate nearly 30,000 students per year. Students are divided among 17 campuses and 14 colleges and choose from over 70 courses of study.
The beautiful Chapel Hill campus covers 729 acres of the downtown area. It has an estimated endowment of over $5.4 billion as of 2017. Notable alumni and faculty from the university include 23 Pulitzer Prize winners, 9 Nobel Prize winners, one U.S president, and a U.S vice president. UNC is ranked 30th in the entire world by the Academic Ranking of World Universities.
California Institute Of Technology : $2.9 Billion
This private research university, which is commonly referred to as Caltech, is located in Pasadena, California. It first opened its doors in 1891 as a preparatory and vocational school. It’s grown into one of the most respected research universities in the country and spends over $300 million per year on associated costs. Their endowment is nearly $3 billion, and they have a student body of just under 2,300.
The university boasts many accomplished alumni and faculty, including 74 Nobel laureates and 71 winners of the National Medal of Science and Technology. According to a study done by Pomona College in 2015, Caltech has the highest rate of graduates that go on to earn their PhDs.