Colleges receive significant federal funding for research. Significant. And the university takes a piece off the top for overhead which helps pay for support departments/staff.
When those grants are cut, there will be a tangible impact to the school’s budget…just like what’s happening to nonprofits, contractors, service providers, and cities/counties/states since the administration started dismantling government programs. The impact is real. Makes total sense they have hiring freezes. I mean, my nonprofit does as well. |
Thats exactly what was thinking. Or substitute another country out there |
Academia and Hollywood were not the two industries that made America dominant in the 20th Century. It was the fact that Europe was destroyed in the wake of WWII, China hadn't risen as a world power, Russia couldn't match American industrial and manufacturing prowess, etc.... |
When can we expect the current administration (and you) to stop with this anti-semitism DEI bullshit and focus instead on discrimination of any person? The only DEI you seem to have a stomach for is this anti-semitism obsession … |
That sounds like identity politics to me … I thought y’all were fed up with that? |
Maybe immediately post-WWII, but the last several decades of growth have been driven by America's particular ability to generate new ideas and then start businesses to capitalize on them. We dominated the early Internet because our we invented it with Federal researchers and academic grants, we dominate the tech sector because we import top talent from around the world and make it easier and more profitable for them to develop new ideas here than in their home countries, etc. We are competitive in many other sectors, despite our high labor costs, because of the cultural cachet that America has historically held in most of the world. An image marketed, among other things, by a multibillion dollar film industry that sells people on America's (traditional) ideals. All of those advantages are being dismantled, and we will be much poorer for it. Btw, I picked Argentina specifically because it was as wealthy as Western Europe after WWII, but declined after an era of populism and instability. It's not an unlikely outcome for us at all. |
DP Irony here is that the internet was born on one of those UC campuses. RIP America as we’ve known it. |
Not to mention that Palestinians are semites as well so degrading their right to exist is also anti semitic. |
I love when people have no idea how higher eductaion works chime in. Try learning something:https://www.investopedia.com/ask/answers/how-do-university-endowments-work/ Endowment funds support the teaching, research, and public service missions of colleges and universities. Typically, endowment funds follow a fairly strict set of long-term guidelines that dictate the asset allocation that will yield the targeted return without taking on too much risk. In the case of endowment funds for academic institutions, the income generated is intended to finance a portion of the operating or capital requirements of the institution. Some endowment funds have guidelines stating how much of each year's investment income can be spent. For many universities, this amount is approximately 5% of the endowment's total asset value. Some institutions, such as Harvard, have endowments that are worth billions of dollars, so this 5% amount can end up equaling a large sum of money. 1 In the context of the U.S. higher educational system, the presence of endowment funds are often integral to the financial health of educational institutions. |
Well, the Jews had to wait for 4 years for a change in presidents to get their share of anti-discrimination enforcement. How about they get their 4 years and we can talk in 2029? And as for combating discrimination of any person, dismantling DEI is achieving this.... |
I deplore the current assault on research, academia and free speech but the internet was not born on a UC campus - Tim Berners-Lee, a British scientist, invented the WWW in 1989, while working at CERN on the French Swiss border near Geneva (CEarN is the European Organization for Nuclear Research and subatomic physics in Switzerland). The irony is that the web was originally conceived and developed to help scientists and researchers in universities and institutes around the world to share info more efficiently. Berners-Lee idealistically shared the IP for free in order to promote sharing of science and knowledge that would help humanity. Tragically the internet has devolved a cesspool of misinformation contributing to anti democratic trends in Europe and US. Russia and China spend trillions of misinformation in order to manipulate less educated Western citizens towards authoritarian isolationism. |
wait, is this still about Jews?
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Not seeing as much of that these days with VC and PE firms looking to get a return on capital invested in tech firms. |
Yesssss. The sneering hatred of flyover people leaps off the page. I love it. If they won’t show some respect for their superiors, we win’t show them any respect either. Private sector pikers! Far removed from the corridors of power. Anyone. who can’t pay off their loans or get them forgiven by working for government is a poor loser. They’ve all been mooching off rich states. But the don’t want us to boss them around? Fine. They’re on their own. |
In the battle of government against taxpayers, the government will win. Mwah hah ha ha! |