In your opinion, how should the elite colleges decide conduct admissions?
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Anonymous
I care when my tax money goes there. Got it? Make Sense? |
Anonymous
| Is there any aspect of how a private university operates that you shouldn't be able to control by virtue of being a taxpayer? |
Anonymous
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NP. On the taxpayer argument: I don’t think these institutions should be non-profits given how they currently conduct business. They are essentially large and powerful hedge funds at this point, with a marketing arm that is designed to build their brand. They want obscure admissions because it benefits them financially, not because it makes the education better or does any good in the world.
They act like a business. Let them be taxed like a business. If they want to retain non-profit status, they need to be fully transparent with respect to admissions. But this world where they want the benefit of non-profit status while acting as ruthlessly and with as little transparency as a large Wall Street fund is not right. |
Anonymous
| You are making a legal argument. What specifically makes them ineligible for 501(c)(3) status under the Internal Revenue Code? |
Anonymous
Thankfully taxpayers have many other weapons. But then there's also this "The MERIT Act would amend the Higher Education Act to add a new standard for accreditation in order to prevent accredited colleges and universities" https://www.kaine.senate.gov/press-releases/young-kaine-introduce-bill-to-end-legacy-admissions#:~:text=The%20MERIT%20Act%20would%20amend,treatment%E2%80%9D%20during%20the%20admissions%20process. What if they do not give the school accreditation as 'non-profit educational institution' |
Anonymous
$35MM of the Commonwealth's $31B general fund spending goes to UVA. I'll venmo you the 1% of your tax bill this year. https://www.urban.org/policy-centers/cross-center-initiatives/state-and-local-finance-initiative/projects/state-fiscal-briefs/virginia https://news.virginia.edu/content/board-approves-university-virginia-operating-budget-next-fiscal-year |
Anonymous
add Federal funding, Pell grants, etc. Add all the taxpayers who are with me. https://www.schev.edu/Home/Components/News/News/450/16 Virginia Bans Legacy Admissions in Public Universities and Colleges UVA is already complying. |
Anonymous
Translation: I have no evidence that these universities should have their 501(c)(3) status revoked. |
Anonymous
| From interacting with people on this forum, it seems that upper middle class admissions are in a completely perpendicular state to first gen low income admissions. Fgli students are expected to grind and have a resume list that is stacked to the 9s for top schools (with the majority at these top schools coming from elite/privileged high schools), while, on this forum, the discussion is about looking like a plain teen who does not much at all… |
Anonymous
The Bill is still under process, so we'll have to see but these are included in the bill - Pell Grant, Federal Funding, Accreditation. I think these are more than enough for 100% compliance. As for the non-profit status, Accreditation part may or may not have implication. |
Anonymous
I’m not a non-profit lawyer but I would argue that they are deceptive in purpose. Their primary goal is to maximize returns for their billions in endowment, not to educate (e.g. a private interest that benefits the Harvard Corp.). Essentially, their primary purpose isn’t to educate any more, it’s to maximize the endowment. The lack of transparency does not permit independent evaluation of whether these schools are in fact primarily dedicated to education and whether that is working or not. |
Anonymous
Where in the world did you get the idea that only $35M goes to UVA? The sentence in the article you linked to was referring to UVA-Wise only, saying that the state's general fund contribution is by far the largest share of its $70M budget. UVA Academic division (Charlottesville) gets about $250M/yr in general fund operating support, plus appropriations to support capital improvements. |
Anonymous
You don't have any idea what research grants are. You don't take any issue with any other tax-exempt non-profit. You want to change an entire system simply on the hope it increases YOUR particular kid's chances of Harvard from 5% to 5 1/4%. You want to do this on the backs of the poor. |
Anonymous
This is some of the most baseless horsesh*t ever posted on this forum, and that is saying a lot. Meet some actual educators, jackhole. It'll do you good. |
Anonymous
If good professors are limited and can't access Federal research fundings, they'll move to other schools. Change and progress is coming. |