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Reply to "Financial Times article on US colleges' squeezed budgets"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Today's FT article does not paint a rosy future for colleges. Just one fun fact - Yale increased the number of managerial and professional staff by 291% in the 20 years to 2024, outpacing the 40% growth in student enrolment. I wonder what % of that increase was DEI-related. Colleges are increasingly tapping into endowments which are increasingly turning poor results. Meanwhile, federal funding is being cut and enrollment is decreasing. No wonder colleges are disappearing. [/quote] you're funny. Stupid but funny[/quote] A sigh. And you are angry. Something has not worked out in your life exactly as you wanted. Don't waste your time calling people stupid here. If you have nothing better to say, just don't comment. Looser. [/quote] What am I angry about? I'm in the 1% for Net Worth, retired except for a 6 figure part time consulting gig, kid is in an elite school so life has worked out pretty good to me. You on the other hand are trading in nonsense. [b]I wonder what % of that increase was DEI-related.[/b] This wasn't a serious question, you are trying to stir the pot. If it was a serious question it would have went something like "I wonder how much of this is administrative bloat because of increasing reporting requirements and govt. requirements." [b]Colleges are increasingly tapping into endowments which are increasingly turning poor results. [/b] The data says that you are wrong. The average return on endowments has been stable on a 10 year running average for many years. The average spending rate moves up and down a bit but has been stable at between 4% and 5% over the same period of time. [b]Meanwhile, federal funding is being cut and enrollment is decreasing. No wonder colleges are disappearing. [/b] These are true but the reason that small non-selective colleges across the country are closing is demographics, not teh reasons cited. So maybe I am a bit angry....but if that is the case it is because I get tired of posters such as yourself popping up with incorrect material trying to be clever or get attention. [/quote]
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