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College and University Discussion
Reply to "schools w/ no merit aid"
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[quote=Anonymous][quote=Anonymous] Higher Education is a big scam. Most are just hedge funds pretending to be institutions of higher learning. All they focus on is raising capital (endowments). All are overstaffed with overpaid, mostly incompetent fools. Not sure why such highly profitable institutions are still "non profits". Tax those fu*kers and force them to spend down their endowments![/quote] Oh stop it. It's not a scam. People expect a slew of services from universities now and that costs money. The very top of the administration is well paid, but many faculty and staff are paid similarly to how we pay people in education: poorly. Endowments cant's be spent and most are earmarked by donors for specific purposes. That's basic and everyone in education knows that. Why don't you?[/quote]
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