It is official: the Bailout Plan worked. Time to start investing in the Stock Market again, everyone!

In an interview with the Daily Princetonian, Andrew Golden, the president of the Princeton University Investment Company (PRINCO), revealed that the university’s endowment earned a 5.6 percent return from the previous fiscal year, growing to roughly $16.4 billion.

Wait – the “previous” year?

False alarm, guys. The Economic Apocalypse is still upon us.

The Daily Princetonian reports:

Ivy League schools and other comparable institutions have seen their endowment returns hit hard in the wake of economic troubles that have caused markets to tumble. Harvard saw its 23 percent return last year drop to an 8.6 percent return this year, bringing its endowment to $36.9 billion. Likewise, Yale’s endowment returns suffered a fall from a record 28 percent to just 4.5 percent this year, increasing its endowment to $22.9 billion. Stanford posted a 6.2 percent return, down from 23 percent the previous year. The California school’s endowment stood at $17.2 billion this year.

Hold on a minute. Stanford isn't an Ivy League university. Let's stop perpetuating this myth, Princeton. I digress…

Even though the endowments of the Ancient Eight fell across the board, every Ivy League school posted an ample return, except for Penn.

In other words, the rich get richer – just slower.