Reply to In-state students from families earning less than $80K will be able to attend U.Va. tuition-free

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Reply to "In-state students from families earning less than $80K will be able to attend U.Va. tuition-free"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Courtesy of NOVA full pay families [/quote]

Yes, but also taxpayers state-wide and nationwide who provide tax breaks and subsidies. [/quote]
[b]Oh come on. Let’s not pretend Virginia has done a great job supporting its state schools. If that was the case, they wouldn’t need so many out of state students. Duh.

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UVA has a 9.5 billion dollar budget even though it is a public. It doesn't need those OOS or international dollars.  It brings in those students to make for a diverse student body.[/quote]

Endowment is 9.5B, not the budget, which is much less.  Endowments are usually given for a given purpose and support a lot of things (medical center, athletics, etc.), so I'm sure they still love OOS tuition for undergraduates.  [b]On the UVA site, I've seen that UVA has less money available per student than UNC, largely due to the state allocation.[/quote][/b]

Unlike UNC, UVA gets only 5% of budget now from the Commonwealth.  It was spun off on its own years ago and has done a masterful job of accumulating that 9.5B.[/quote]

Guess they can get a 9.5bn endowment by admitting 90% rich kids. [/quote]

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