Cottage-style homes are often quaint and cozy — emphasizing charm and comfort over ornamentation. Cottage houses come in a variety of styles and can mimic bungalows, Tudor house styles, and more.

Look for these designs to identify a cottage:

• Asymmetrical exterior
• Typically one to one-and-a-half stories
• Traditional aesthetics that aren’t too rustic
• Open floor plans with wide halls and doorways

A cottage house style is extremely versatile, and its small size makes it great for small families or guest houses.

The American Academy of Arts and Sciences (abbreviation: AAA&S) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin,[1] Andrew Oliver, and other Founding Fathers of the United States.[2] It is headquartered in Cambridge, Massachusetts.

Membership in the academy is achieved through a thorough petition, review, and election process.[3] The academy's quarterly journal, Dædalus, is published by MIT Press on behalf of the academy.[4] The academy also conducts multidisciplinary public policy research.

The Academy was established by the Massachusetts legislature on May 4, 1780, charted in order "to cultivate every art and science which may tend to advance the interest, honor, dignity, and happiness of a free, independent, and virtuous people."[6] The sixty-two incorporating fellows represented varying interests and high standing in the political, professional, and commercial sectors of the state. The first class of new members, chosen by the Academy in 1781, included Benjamin Franklin and George Washington as well as several international honorary members. The initial volume of Academy Memoirs appeared in 1785, and the Proceedings followed in 1846. In the 1950s, the Academy launched its journal Daedalus, reflecting its commitment to a broader intellectual and socially-oriented program.[7]

Since the second half of the twentieth century, independent research has become a central focus of the Academy. In the late 1950s, arms control emerged as one of its signature concerns. The Academy also served as the catalyst in establishing the National Humanities Center in North Carolina. In the late 1990s, the Academy developed a new strategic plan, focusing on four major areas: science, technology, and global security; social policy and education; humanities and culture; and education. In 2002, the Academy established a visiting scholars program in association with Harvard University. More than 75 academic institutions from across the country have become Affiliates of the Academy to support this program and other Academy initiatives.[8]

The Academy has sponsored a number of awards and prizes,[9] throughout its history and has offered opportunities for fellowships and visiting scholars at the Academy.[10]

In July 2013, the Boston Globe exposed then president Leslie Berlowitz for falsifying her credentials, faking a doctorate, and consistently mistreating her staff.[11] Berlowitz subsequently resigned.

Cape Cod homes are similar to the British or American Colonial homes, though they originated further north in Cape Cod, Massachusetts. These are often seen as the classic American family home since the style’s revival in the 20th Century.

Cape Cod homes are identified by their:

• Shingle exteriors
• Modest size and ornamentation compared to British Colonial homes
• Originally single-story homes
• Large central fireplaces
• Attic lofts (20th-century revival)
• Dormer windows (20th-century revival)

Cape Cod homes are built of local wood and stone to withstand the north-eastern weather. This exterior weathering provides an iconic weathered-blue color to these homes.

Modern Tudor homes are inspired by Medieval European Tudor homes and often have a charming cottage aesthetic. They’re popular on the East Coast and in parts of the Midwest.

Tudor homes are an easy style to identify. They feature:

• Steeply pitched gable roofs
• Exposed and decorative half-timbering with stucco exterior
• Mixed-material brick or stone walls
• Casement windows in groups or with diamond shapes

The Tudor Revival reached peak popularity in the 1920s and is still widely popular today.

A college endowment refers to all the money that an institution receives in donations. However, endowment funds are not ‘no-questions-asked’ cash boosts for the college. Instead, endowments are tightly controlled investments that are supposed to be grown so that the interest can be used to upgrade facilities, hire new staff, provide scholarships or aid the college or its students in some way.

Over the past three decades, the total market value of the 20 largest college endowments has grown nearly tenfold — from $30.6 billion to $302.1 billion. As the size of college endowments has increased, so too has the debate over their purpose, management and ethical obligations.

To get a better idea of how college endowments have changed over the last 30 years, DegreeQuery looked at the market value of the 20 largest U.S. college endowments from 1990 to 2020.

30 Years of U.S. college endowments

Based on the most recent NACUBO survey of 810 universities, the total market value of endowments in 2018 was $624.3 billion. 48.3% of that is held by just 20 colleges. But why the huge growth in market value over the past 30 years? It might be something to do with how much of the endowment the university chooses to spend on operations or the return rates of the endowment’s investment portfolio. Due to their often wealthy donor base and long-term investment horizons, the largest university endowments can invest in a diverse array of asset classes, and often grow faster than the economy as a whole.

From 1990 to 2020, the market value of the 20 largest college endowments grew at an average annual rate of 8.5% — faster than the 6.6% average annual growth rate for the Fortune 500 over the same period. The universities with the fastest growth over the past 30 years include the University of Michigan, Duke University and the University of Notre Dame. Meanwhile, the endowments with the slowest growth include Emory University, Rice University and Washington University in St. Louis.

1. U.S. college endowments in the 1990s

From 1990 to 1999, the market value of the 20 largest U.S. college endowments grew at an average annual rate of 12.5% — the fastest of the last three decades. As you can see from our graph, over this period, the University of Michigan endowment rose from the 20th largest to the 17th largest, and the University of Pennsylvania rose from the 16th largest to the 12th largest. Meanwhile, the Columbia University endowment fell from the sixth-largest to the 11th largest. Although the University of Texas System endowment had the slowest growth of the 20 largest endowments over this period, it remained the second-largest endowment overall.

2. U.S. college endowments in the 2000s

Endowment growth is closely connected with the overall health of the economy. As of 2018, just 4% of endowment assets were held as cash, the rest invested in equities, fixed income instruments and alternative investment vehicles. In the lead up to the 2008 financial crisis — university endowments had increasingly invested in high-risk, illiquid investments like private equity, real estate and hedge funds. As a result, endowments lost tens of billions of dollars in value, with some schools losing more than 25% of their total endowment value. From 2008 to 2009, the total value of the 20 largest endowments fell 3.4%. Yale posted the largest percentage decline, losing 28.6% of its market value. Other university endowments that posted big losses from the recession include Harvard, Duke and Stanford.

3. U.S. college endowments in the 2010s

Endowment growth rates rebounded in the wake of the Great Recession, although growth was still slow compared to the 1990s. From 2010 to 2018, the market value of the 20 largest endowments grew at an average annual rate of 7.6%. This is more than the 3.5% average annual growth rate for 2000 to 2009, yet less than the 12.5% rate for 1990 to 1999. During this period, the biggest winners were the University of Pennsylvania, rising from 11th to 7th largest, and the Texas A&M University System, which rose from 10th to 8th largest. Lackluster performance at some of the wealthiest schools has prompted some universities to make major changes to their endowment management. In 2017, for example, Harvard announced it would lay off roughly half of its 230-person staff in the wake of poor investment performance.

As you can see, university endowments were big business over the past 30 years. Nowadays, students, policymakers and the general public are increasingly involved in the conversation surrounding their management, mission and societal impact. For example, the 2017 Tax Cuts and Jobs Act, which imposed a 1.4% tax on the net investment income of the wealthiest endowments, recently sparked a wave of criticism from university administrators. Elsewhere on campus, protesting students demanded their universities divest from fossil fuel companies.

As the debate rages on and endowments continue to grow, these visualizations help us see how we got to this point.

Methodology

To get a better idea of how college endowments have changed over the last 30 years, DegreeQuery looked at the market value of the 20 largest U.S. college endowments from 1990 to 2018. Data on endowment asset value by university came from the National Association of College and University Business Officers (NACUBO) and is unadjusted for inflation. In years when certain universities did not participate in the NACUBO survey, we estimated the endowment value based on the compound annual growth rate for all available years. Estimated figures include the market value of the endowment assets for the Texas A&M University System for 1990, as well as the market value of the endowment assets for the University of California system for the years 1990 through 1992.

SOURCES
Fortune 500. (n.d.) Fortune 500 2018. fortune.com
NACUBO. (2019). Detailed Asset Allocations for U.S. College and University Endowments and Affiliated Foundations, FY18. nacubo.org
Miller, C. & Fabrikant, G. (2008). Universities retrench as endowments suffer from financial crisis. nytimes.com
Humphreys, J. et al. (2010). Educational Endowments and the Financial Crisis: Social Costs and Systemic Risks in the Shadow Banking System. tellus.org
Plender, J. (2014). There is a history lesson to be learnt from Yale endowment. ft.com
Fabrikant, G. (2017). Harvard Makes Changes in Managing a Lagging Endowment. nytimes.com
Tax Policy Center. (n.d.). What is the tax treatment of college and university endowments? taxpolicycenter.org

Colonial-style houses are simple rectangular homes that became popular in the 1600s as colonists settled the East Coast. These homes have many variations due to the fact that new communities all over the world built Colonial-style homes to suit their culture.

British Colonial style is the most common and recognizable Colonial home. Its key features include:

• A side-gabled roof
• Two floors
• A centered front door
• Symmetrical windows on either side of the door

The rectangular shape and interest in symmetry are seen in other Colonial house styles, too. Materials and decorative features can vary by region, as some Colonial houses sport brick exteriors and ornate trim, while others showcase shingle siding and simple shutters.

These are also some of the cheapest types of houses to build.

Despite the car initially being built in 1885 in Germany, American manufacturers completely dominated the automotive industry of the mid-twentieth century. Applaud be to Henry Ford, who established the first conveyor assembly line for his Model T on December 1, 1913. This creation reduced the production time of one vehicle from 12 hours to an hour and 33 minutes, making it a lot cheaper. Ford’s goal was to make automobiles accessible to everyone, and he achieved it. Nowadays, around 91% of American households own at least one car. 

Suburbanization

Before vehicles became widely available, people who lived in the city worked in the city, while most of those who settled in the country were farmers. Now that it was possible to travel vast distances in a short amount of time, the thought of dwelling away from the bustling downtown while still being able to work there looked tempting. After World War II, many soldiers received an opportunity to live on their property in a single-family home, resulting in a baby boom and a surge in demand for tract houses. Seventy-seven million children had been born by the end of 1964. At that time, the suburbs were booming, with over a third of the population residing there. 

The American Road Trip

Cars turned into a symbol of personal freedom and independence, allowing us to travel throughout the nation at will. For many families, the famous American road trip is a ritual. The destination itself, often overlooked, holds little value, as that feeling of liberty and the ability to travel to any desired location in the country alongside your family and friends is what brings immense joy. The complex infrastructure designed around your car makes this activity even better.

New Business Categories

Many new businesses started along with the development of automobiles. Getting hungry in the middle of the trip stopped being a problem. Just hit the local drive-in or drive-thru where carhops, sometimes on roller skates, will take care of the food orders, letting you stay inside the car. After everyone is full and satisfied, the desire to watch a good movie kicks in. So, our next destination is the drive-in theater. This gigantic outdoor screen with a parking area next to it was popular in the 1950s, romanticized by TV series such as Happy Days, American Graffiti, and Grease. Once again, there was no need to leave the vehicle unless you wanted to get some snacks from the concession stand. On the way home, let’s stop at a mall for some shopping. It is convenient to have many different stores gathered for us in one place. However, the distance from the downtown is reasonable. That is why we have cars; otherwise, such shopping centers wouldn’t exist. 

Hot Rodding, Drag Racing, and NASCAR

Coming back home from a heartwarming, peaceful family trip, it feels like there is a need for something more out of your car. What if it could go faster? Solely add an enormous engine and get a fancy paint job, turning it into a hot rod. Hot rodding and drag racing are motorsports that gained popularity in the 1950s and remain relevant. Another is NASCAR, where racers compete on slightly tilted speedways using stock cars. It is, by the way, the second most spectated sport in the USA behind the NFL (National Football League).

We could write a book on the tremendous impact cars made on American culture and society. However, a piece of paper could never fully convey all the experiences, as every automobile becomes unique in our hands. At Tempus Logix, we offer auto transportation across the nation, no matter if it is a hot rod, a family van, or a tractor: so that your motor vehicle can always stay by your side. (Quelle:tempuslogix.com)

American popular music has had a profound effect on music across the world. The country has seen the rise of popular styles that have had a significant influence on global culture, including ragtime, blues, jazz, swing, rock, bluegrass, country, R&B, doo wop, gospel, soul, funk, punk, disco, house, techno, salsa, grunge and hip hop. In addition, the American music industry is quite diverse, supporting a number of regional styles such as zydeco, klezmer and slack-key.

Distinctive styles of American popular music emerged early in the 19th century, and in the 20th century the American music industry developed a series of new forms of music, using elements of blues and other genres of American folk music. These popular styles included country, R&B, jazz and rock. The 1960s and 1970s saw a number of important changes in American popular music, including the development of a number of new styles, such as heavy metal, punk, soul, and hip hop. Though these styles were not in the sense of mainstream, they were commercially recorded and are thus examples of popular music as opposed to folk or classical music.

Ranch house styles are the most searched style in the US today and are common in cities and suburbs across the country. There are various ranch house styles, including California and split-level ranch homes. The main distinguishing features between these styles are living space and home layout.

Ranch style homes feature:

• Single-story floor plans with low-pitched roofs
• Rectangular, “U,” or “L” shaped open floor plans
• Patio or deck space connected to the home
• Often includes a finished basement or attached garage

Ranch homes are the most popular homes in 34 US states — particularly in the Midwest and on the East Coast.