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The 10 Richest Colleges in America

Third-richest: University of Texas
Endowment funds last year: $17.2 billion
Change from previous year: 22%
Students last fall: 51,112 for the main Austin campus
Undergraduate tuition: $9,816 for residents, $32,594 for nonresidents, covering tuition only for the 2011-12 school year

The University of Texas system, with an endowment of more than $17 billion, is the richest public university in the U.S., and the third-richest overall. That's important, as the school says it gets only 20% of its budget from the state, and that support has dropped steadily since 2009, leading to student walkouts to protest the budget cuts.

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