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Good for them. Too bad it won't bankrupt Oberlin.
1 posted on 08/30/2022 7:18:07 AM PDT by TheConservator
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To: TheConservator

It’ll put them back beneath the $1 Billion in their endowment accounts!

https://oberlinreview.org/23201/news/college-endowment-surpasses-1-billion/


45 posted on 08/30/2022 8:15:04 AM PDT by pingman ("I ain't in no ways tarred.." of WINNING!)
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To: TheConservator

I* suspect, as with most other colleges and universities, that a one-time expenditure of this magnitude will force a financial reckoning of sorts within the financial support and control hierarchy which very possibly will lead to revelations of latent financial fraud/crime in handling endowment funds. Just an opinion...


47 posted on 08/30/2022 8:18:08 AM PDT by Gaffer (Infidel, and proud of it!)
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To: TheConservator

Good. Oberlin had a chance to do the right thing... And the leadership thereof FAILED.

Pay up.


49 posted on 08/30/2022 8:29:23 AM PDT by Recovering_Democrat
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To: TheConservator

The bakery should ask the court for every parking lot on campus as the first part of payment.


54 posted on 08/30/2022 11:00:14 AM PDT by lurk (u)
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To: TheConservator
The real pity in all this is that the principal perpetrator, one Meredith Raimondo, moved out of the line of fire last December to a new position as Vice President of Student Affairs in Georgia's Oglethorpe University. The academics do take care of their own.
57 posted on 08/30/2022 12:12:42 PM PDT by Billthedrill
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To: TheConservator

There’s some irony in anti-capitalist woke acedemics defending their billion dollar endowment.


58 posted on 08/30/2022 3:25:07 PM PDT by llevrok (Pronouns: Me/myself/& I)
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To: TheConservator
YAY!!!!
60 posted on 08/30/2022 3:53:05 PM PDT by Albion Wilde (Stand fast therefore in the liberty by which Christ has made us free... Galatians 5:1 )
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