Someone Gets It: It's All About The Endowment
I've often said that my alma mater was a private, for-profit institution whose product is mating people with diplomas to get them to make money to get them to give back to said institution. This article via Atrios which provides a pretty similar comparison, using Harvard as an example, now that they have $42 BILLION in the kitty, all tax-free. That's *b*illion, people.Labels: Atrios, colleges, economy, education, Harvard
posted by jimboses @ 8:45 PM
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