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  • Bowdoin, for example, did not amass a $900 million endowment by holding bake sales. (According to a calculation made last year, Bowdoin???s endowment, relative to its enrollment, was the 21st largest in the nation, meaning it has more endowment dollars per student than such universities as Duke, Northwestern, Columbia, and Cornell.) Colleges covet students who are, or someday will be, able to make
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