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December 08, 2008 (vol. 119, iss. 66) • Page Image 1

…Iie dIidIgan &xilj Ann Arbor, Michigan Monday, December 8, 2008 "U' endowment falls 20 to 30 percent S Economic downturn in investment value disappear in a matter of months. has caused billions The decline means the Univer- sity of Michigan's endowment, val- in losses for colleges ued at approximately $7.6 billion as of June 30, could have lost between By ANDY KROLL $1.52 billion and $2.28 billion in Daily News Editor va...…

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