Student groups have made similar calculations: a student group at the University of Illinois estimated as of April that the university holds $230 million in fossil fuel investments, and a student group at the University of Wisconsin estimated as of last November that the university held $315 million in fossil fuel investments. In the most extreme case, Bloomberg recently reported that the University of Texas is earning more than $6 million a day derived from vast oil and gas holdings in the Permian Basin.
University Communications