this post was submitted on 03 Jul 2023
28 points (100.0% liked)

U.S. News

2244 readers
1 users here now

News about and pertaining to the United States and its people.

Please read what's functionally the mission statement before posting for the first time. We have a narrower definition of news than you might be accustomed to.


Guidelines for submissions:

For World News, see the News community.


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Dominic 4 points 1 year ago* (last edited 1 year ago)

The “strong alumni community and donor base” does nothing to help society at large when these prestigious universities sit on billions of dollars in endowments instead of actually growing the universities.

Harvard, Yale, and Princeton combined have 40,000 students (and they combine for about $170 billion in their endowments). UC Berkeley, a public university of comparable prestige, has 45,000 students (with a pittance of $7 billion in its endowment)

Why accept these unqualified students for their money when you aren’t planning to spend the money you already have?