WATCH CBS NEWS VIDEO: DNC NEWS AND ANALYSIS LIVE COVERAGE
Wayne State Endowment Grows To $277MWayne State University’s endowment grew to $277 million during the endowment reporting period ending June 30. The university’s annualized investment return was a strong 10.5 percent. Wayne State’s rate of investment return was 8.7 percent during the past three years and 5 percent during the past five years.
University Of Michigan Reports $7.8 Billion EndowmentThe University of Michigan's endowment has doubled over the past decade and now stands at $7.8 billion, the Ann Arbor school reported.
Biomedical Engineering Endowment Hits $20M At UMThe Wallace H. Coulter Foundation along with the University of Michigan's College of Engineering and the School of Medicine has enabled the creation of a $20 million endowment to enhance and support research directed at technologies promising progression towards commercial development and clinical practice

More From CBS Detroit

Best 4th Of July Concerts In Metro DetroitStaying home this weekend? Celebrate the 4th of July by rocking out at one of these shows.
Hump Day Drinks: 8 Cheery Cocktail RecipesNow that you've made it through half the work week, it's time to celebrate!

Watch & Listen