social mobility. In 2021 Forbes rated Texas A&M as the 17th-best public university in the country and 50th overall. After conducting a survey of leading employment recruiters, The Wall Street Journal ranked Texas A&M second nationally as "most likely to help students land a job in key careers and professions" and the 83rd-best college overall. As of 2017, according to Best Value Schools, Texas A&M graded first in nation as the best college for military veterans, based on a return on investment. As of 2015, Texas A&M was rated the second-best university for veterans in USA Today and ninth for "business schools for veterans" by the Military Times. Endowment The Texas A&M University System has an endowment valued at more than $12.7 billion; the second highest among U.S. public universities and seventh overall. Apart from revenue received from tuition and research grants, as part of the university system, Texas A&M is partially funded from two endowments. The smaller endowment and investment assets, totaling $2.6 billion as of 2021, is run by the private Texas A&M Foundation. A larger sum is distributed from the Texas Permanent University Fund (PUF), in which the system holds a one-third stake. , the PUF ending net-asset value was approximately $30 billion. Research Texas A&M has an extensive research program in various academic, scientific, and commercial fields and, as of 2017, is ranked 19th nationally in research-and-development spending with a total expenditure of $905.5 million. Concentrated in two primary areas, Research Valley and Research Park, the institution has over , which includes of dedicated research space. The Carnegie Classification of Institutions of Higher Education classifies Texas A&M among "R1: Doctoral Universities – Very high research activity" as of 2021. Its research entities include the Texas Institute for Genomic Medicine, the Texas Transportation Institute, the Cyclotron Institute, the Institute of Biosciences and Technology, and the Institute for Plant Genomics and Biotechnology. Texas A&M University is a member of the SEC Academic Consortium. Texas A&M works with state and university agencies on local and international research projects to develop innovations in science and technology that can have commercial applications. In 2006, the Texas A&M University System was the first to explicitly state in its policy technology commercialization could be used for tenure. Passage of this policy was intended to give faculty more academic freedom and strengthen the university's industry partnerships. The efforts of system-wide faculty and research departments