this post was submitted on 19 Dec 2023
1419 points (99.1% liked)
Memes
45727 readers
960 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
On the other hand if most of your school's money is in some investment firm, instead of invested in the wellbeing and learning of your employees and students. And you have a investor as the person with the highest salary.
Then your "school" is more of a financial institution than a school. And probably should be taxed as such.
Looking at you, Harvard: https://www.reuters.com/world/us/harvard-posts-investment-gain-fiscal-2023-endowment-stands-507-billion-2023-10-20/
Exceptions will be made if having a behind-the-scenes money fountain means tuition is basically free.
Still looking at you, Harvard.
I guess we'll just ignore the tuitions and such they pay for.