Question for those outraged about funding cuts

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:^PP again. The bottom line:
"In 1978, Harvard University had a $1.4 billion endowment and admitted 2,200 incoming students.

In 2023, the endowment sits at $50.7 billion—with 1,942 students admitted. That’s a 3,521% increase to their endowment and a 12% decrease to their admissions. And the same is true for the rest of Ivy League."

Why do you care? Only because you are interested in destroying excellence. Go to Truth Social to find your crew.

I'm not MAGA. At all. I'm not the OP. But Harvard is hoarding wealth in opposition to its stated and historical mission. You can't be so starry-eyed about ivy league schools that you don't call them out for this insane hypocrisy.

Harvard, Yale, and Princeton currently offer extremely generous financial aid, best of any university.

[Anonymous]

Anonymous wrote:Why would I write to Harvard? My kid isn't going to go there. My kid is going to go to a school with a much, much lower endowment that will be really harmed by these cuts in funding. And his tuition might go up.

Harvard is a red herring and you know it. If you want to try to justify what this MAGA admin is doing, try something else.

+1 I gotta laugh at using the school with the biggest endowment for the basis of comparison of all schools, especially state schools.

[Anonymous]

Anonymous wrote:

Anonymous wrote:^PP again. The bottom line:
"In 1978, Harvard University had a $1.4 billion endowment and admitted 2,200 incoming students.

In 2023, the endowment sits at $50.7 billion—with 1,942 students admitted. That’s a 3,521% increase to their endowment and a 12% decrease to their admissions. And the same is true for the rest of Ivy League."

Why do you care? Only because you are interested in destroying excellence. Go to Truth Social to find your crew.

We're just trying to have a conversation to better understand this. Saying "just go away" is how we ended up with Trump as a president.
I am the farthest thing from conservative but this kind of dismissive attitude really grates.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:^PP again. The bottom line:
"In 1978, Harvard University had a $1.4 billion endowment and admitted 2,200 incoming students.

In 2023, the endowment sits at $50.7 billion—with 1,942 students admitted. That’s a 3,521% increase to their endowment and a 12% decrease to their admissions. And the same is true for the rest of Ivy League."

Why do you care? Only because you are interested in destroying excellence. Go to Truth Social to find your crew.

I'm not MAGA. At all. I'm not the OP. But Harvard is hoarding wealth in opposition to its stated and historical mission. You can't be so starry-eyed about ivy league schools that you don't call them out for this insane hypocrisy.

Harvard, Yale, and Princeton currently offer extremely generous financial aid, best of any university.

To a very small student body. A body that is (relative to the US population) much smaller than it was two generations ago. They have become oligarchy pipelines, full stop.

[Anonymous]

Anonymous wrote:Why would I write to Harvard? My kid isn't going to go there. My kid is going to go to a school with a much, much lower endowment that will be really harmed by these cuts in funding. And his tuition might go up.

Harvard is a red herring and you know it. If you want to try to justify what this MAGA admin is doing, try something else.

+1

Harvard is most set up for the rich.

The rich hoard wealth? Who knew.

Doesn't help my kid's school

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:^PP again. The bottom line:
"In 1978, Harvard University had a $1.4 billion endowment and admitted 2,200 incoming students.

In 2023, the endowment sits at $50.7 billion—with 1,942 students admitted. That’s a 3,521% increase to their endowment and a 12% decrease to their admissions. And the same is true for the rest of Ivy League."

Why do you care? Only because you are interested in destroying excellence. Go to Truth Social to find your crew.

We're just trying to have a conversation to better understand this. Saying "just go away" is how we ended up with Trump as a president.
I am the farthest thing from conservative but this kind of dismissive attitude really grates.

Too bad. It's difficult to take you seriously when the Constitution is in jeopardy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:^PP again. The bottom line:
"In 1978, Harvard University had a $1.4 billion endowment and admitted 2,200 incoming students.

In 2023, the endowment sits at $50.7 billion—with 1,942 students admitted. That’s a 3,521% increase to their endowment and a 12% decrease to their admissions. And the same is true for the rest of Ivy League."

Why do you care? Only because you are interested in destroying excellence. Go to Truth Social to find your crew.

We're just trying to have a conversation to better understand this. Saying "just go away" is how we ended up with Trump as a president.
I am the farthest thing from conservative but this kind of dismissive attitude really grates.

Then perhaps don’t start threads with MAGA talking points. Further, there are already multiple threads on the NIH cuts in this forum with explanations of why endowments can’t be used to fund $100 million plus for medical research in perpetuity.

[Anonymous]

For me a serious conversation doesn't begin by using an enormous outlier as the basis for comparison (in this case Harvard). Anyone who does is gaslighting you because them and reality are not companions. You don't make policy based on outliers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:^PP again. The bottom line:
"In 1978, Harvard University had a $1.4 billion endowment and admitted 2,200 incoming students.

In 2023, the endowment sits at $50.7 billion—with 1,942 students admitted. That’s a 3,521% increase to their endowment and a 12% decrease to their admissions. And the same is true for the rest of Ivy League."

Why do you care? Only because you are interested in destroying excellence. Go to Truth Social to find your crew.

I'm not MAGA. At all. I'm not the OP. But Harvard is hoarding wealth in opposition to its stated and historical mission. You can't be so starry-eyed about ivy league schools that you don't call them out for this insane hypocrisy.

Harvard, Yale, and Princeton currently offer extremely generous financial aid, best of any university.

To a very small student body. A body that is (relative to the US population) much smaller than it was two generations ago. They have become oligarchy pipelines, full stop.

Ok, you just admitted your goal is to destroy them, sorry I have no interest in that, and I think an overwhelming majority of Americans stand with me.

[Anonymous]

When my husband was getting his advanced degree, he had to find summer jobs. We were thankful he got a job doing biological research paid for by the govt one summer. It’s surprisingly hard to find a “summer job” when you are aged 24+.

He made ~3k or so. Thats not asking a lot. But it was everything we needed to live in the rural college town. (And I worked year round)

[Anonymous]

You are essentially asking the schools to use their own money to develop medical treatments and then give away the results. Maybe they cure diabetes or something really huge but eventually they run out of money. Add up all these endowments and you don't get the same level of support. Spending on research like this keeps our country in the race.

Pretty sure China and other challengers to the throne won't take their foot off the pedal.

[Anonymous]

Anonymous wrote:^PP again. The bottom line:
"In 1978, Harvard University had a $1.4 billion endowment and admitted 2,200 incoming students.

In 2023, the endowment sits at $50.7 billion—with 1,942 students admitted. That’s a 3,521% increase to their endowment and a 12% decrease to their admissions. And the same is true for the rest of Ivy League."

Not true actually. Yale expanded its undergraduate student body over the last decade.

[Anonymous]

Anonymous wrote:

Anonymous wrote:^PP again. The bottom line:
"In 1978, Harvard University had a $1.4 billion endowment and admitted 2,200 incoming students.

In 2023, the endowment sits at $50.7 billion—with 1,942 students admitted. That’s a 3,521% increase to their endowment and a 12% decrease to their admissions. And the same is true for the rest of Ivy League."

Not true actually. Yale expanded its undergraduate student body over the last decade.

Good on them. Yale admits and matriculations had been basically flat for the previous 75 years. Glad they finally got around to it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:For those having a breakdown over the protection funding cuts-
why doesn’t Harvard and others open up their coffers? Harvard has how much? $53 BILLION??? Maybe it’s time these greedy institutions start using their money to offset possible increases in tuition?

For every 1 letter you send to Congress, send 20 to Harvard and the others.

Harvard is one university. Does this country want to support and be a leader in scientific research or not? Apparently not.

And the amount of funds being cut out of scientific research, while devastating to research, is a drop in the bucket of our overall national budget. All this does is help to destroy one of the good things about this country and does nothing to fix our financial issues.

This 1000%! Plus, the research being done at universities is "extremely cheap research"---if you have to pay someone in the industry to do it versus a grad student, it will cost way more.

But unfortunately we have uninformed/uneducated people who don't care about the research. or at least they won't care until it directly affects them/their family personally

[Anonymous]

Anonymous wrote:The government can factor in the size of a university's endowment when awarding research grants and choose not to award a school that can afford to do the research on its own.

But the government not funding any research is extremely short sighted.

The govt gets extremely cheap labor to do the research at universities. It's extremely short sighted not to recognize that as well and want to continue getting very cheap, highly qualified labor for 5-7 years out of grad students.