HARVARD ENDOWMENT:
COLUMBIA ENDOWMENT:
IVY LEAGUE COLLEGE TUITIONS:
A near perfect Pareto distribution.
Eff these libtard indoctrination centers.
To paraphrase Marie Antoinette: Let them eat their preserved cake.
No college should receive government money.
HARVARD ENDOWMENT:
COLUMBIA ENDOWMENT:
IVY LEAGUE COLLEGE TUITIONS:
Make them straight up taxable hedge funds.
Columbia is not even close to one of the largest endowments...do some research before you post!
Yale has 42 Billion in endowments. Let that sink in. It isn’t all restricted. Most research for STEM is funded by NIH. Now, valid research, in my opinion, that benefits the nation and Americans should get funding from NIH but ridiculous funding on things like drunk pigeons, bees on cocaine or sexy goldfish, not so much.
A trillion here.
Maybe we should just take it and pay some national debt with it!
The Socialists want to confiscate private wealth, maybe we can turn around and confiscate Socialistic money.
I smell B.S. You’re telling me a 14 bill endowment can’t generate income of 400 mill? What is the money just sitting in a safe? Even if it’s in something like real estate, I’m sure it’s generating rental income. I’m not buying it.
Can anyone show me where the U.S. Constitution grants government the power to give money to colleges?
Columbia University has an operating budget of $5.3B excluding federal grants. They can close their new $400M shortfall by reducing 7.5% of their expenses, and never even touch the endowment. Is 7.5% cost cutting really such an extreme ask?
These portfolios (endowments) can always be proportionately liquidated to raise cash. Also it has never been shown that the funding of private universities by Federal taxpayers is preferable, more efficient or more beneficial to the people than if there was no funding or if when such contracts are necessary, it was directed to state run institutions.
BTTT
There’s an outcry about the loss of research, primarily medical, but I wonder how productive all this research really is. Publishing a paper, even if it is interesting to some or many, isn’t necessarily worthy of public funding. How many truly useful things come of their research? Honest question.
Wanna tax the rich? Tax university endowment funds.
These universities can fund their own student loans.
They don’t need no taxpayer money ,LOL
LOL, Columbia was one the ditsy lib woman ripped up on tv.
If 95 to 97% of the money went to support American students then I could see it. but not for catering to foreigners...
bump