Posted on 03/14/2025 6:02:47 AM PDT by Oldeconomybuyer
And what about that is a bad thing?
This is a typical knee jerk reation but it has been years in building. Way too much planning and carrying out of that planning have been decided based upon unrecognized coverge. They would say okay, we have been awarded X number of dollars over time so we can expect it to come again this year. Plan around it.
Preplanning income is foolhardy at best. They buy insurnce to cover their property but that is cash over the counter and pre-estblished. So if a building burns down, they already paid for that. But determining their business operations based upon non-realized funds is putting it in the wind. And that is what happened here.
If these universities determine they should receive free money to not do their job, educating everyone they accept into the college, then I’ve seen con artists do the same thing for a lot less money. And because they haven’t been doing the job, it appears the one thing they didn’t plan upon, is the honesty and integrity of their profession...education. So they get on the government for not giving them gifts for not doing the job? It’s don’t state the obvious for everyone else, I guess.
wy69
God forbid they use some of their huge endowments to offset costs. Nope. Being a drama queen gets more eyeballs.
That tells you everything you need to know. USAID funding US universities is a scam.
YAY!!!
You can bet that the liberal pukes will be retained.
The cancer is going into a dormant state until it is revived again with the feeding from the mentally ill bureaucrats and politicians on the left
Hate to tell you how this is accomplished at state universities. States always routinely write in unfilled positions into their university budgets. Whenever a crisis involving reducing staff hits state universities they comply by eliminating budgeted positions that were never filled. Of course these unfilled budgeted positions are always reallocated in subsequent budgets when the crisis has subsided.
The university system is broken. They are indoctrination centers that produce zombie parroting debt slaves to the government.
“Higher education has been a steady job generator since the pandemic, with private colleges and universities adding 35,000 jobs nationwide last year. Hiring freezes and cuts at universities could contribute to slower job growth in the months ahead, advocates for workers say.”
If the cuts are due to cutting federal money then, no. Those jobs are a net negative on the economy and should be eliminated. Love how they stick ‘private university’ in there as if those jobs are paid by tuition.
outsourcing = greed
Not exactly a moral equivalency.
...but (anyway) welcome to the party pal.
Universities operate on the assumption that there will always be plenty of money, and there’s no such thing as a bad course of study.
They need to be exposed to the realities of market forces.
Undergraduate Student Cost of Attendance 2024-25 Academic Year
Total $88,976
https://sfs.jhu.edu/cost-tuition/
So after charging each student almost $90,000 every year they still can’t make ends meet without charity?
By contrast a Mercedes Benz GLS 450 4MATIC SUV (one of their upper end vehicles) is $89,200
https://www.mbusa.com/en/vehicles/class/gls/suv
That’s insane.
More winning!
FWIW, even before covid, in many universities their School of Public Health is home to some of that university's most virulent leftists intent on empowering the political class to control the plebes, for our "good". It's a small cultural step from suggesting public health regulations, to forcing the plebes into adhering the demands of the masters.
And in many cases these subsidies are to institutions that have multi-billion dollar endowments.
Eliminate all “funding” (aka “vote buying”). Let public education collapse. Let the communities take responsibility. At least their children might be able to read and write.
Any private university that relies on government money is not a private university.
Any non government organization that relies on government money is not a non government organization.
EC
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