Students Launching Hedge Funds On Colleges Across America

What's a surefire indicator that hedge funds are on the rise? Take a look at their presence on college campuses.

From Cornell, whose student-run hedge fund beat Wall Street returns to the University of Michigan, which allows its students to manage as much as $250,000, student hedge fund are becoming a more prominent part of financial education.

Their success has attracted the attention of Wayne State University in Detroit, Michigan, which is in the process of launching its own student hedge fund within the school's Financial Management Association.

"We thought this would be a great opportunity not only to bring together...