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College and University Discussion
Reply to "The Absurdity of U.S. News College Rankings - Per Malcolm Gladwell"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]DP. I will jump in to comment on HYP. As an alum, the focus of these undergraduate schools appears to be to attract the wealthy/those who they think will be leaders who make a lot of money, and then solicit unending donations from them as alums to maximize endowment. I enjoyed my undergraduate experience, but as a non-wealthy but comfortable alum, I have probably received no less that 30 appeals this year, averaging 3-4 per month - from various general and specific funds, including a call to donate to rebuilt the men's boathouse (which did in fact meet its stated $100MM goal). College wealth appears to drive many of the categories of the USNews rankings; if the uni cannot fund investment (what some on this thread call gaming)in the categories, it falls. HYP are so rich, they can fund all categories, and so will never fall in the rankings, if ability to build a $100MM boathouse from alumni donations during Covid-19 is any indication. [/quote] If you factor in tax exempt status along with government grants for research, tuition, etc., the biggest recipients of government benefits are all private universities like Princeton and Harvard.[/quote] Nice self selecting data example by including criteria only colleges get. Pretty much guarantees colleges will be the result. Funny thing is if you had taken 10 seconds of google you would have found actual data supporting the point you pulled out of your ass. Try it next time: https://en.wikipedia.org/wiki/List_of_wealthiest_organizations However, I will point out those are assets and not revenue, and we tax (mostly) revenue in the US. So this kind of list is more appropriate, IMHO: https://www.forbes.com/sites/williampbarrett/2015/12/09/the-largest-u-s-charities-for-2015/?sh=352b7c8347cb Princeton's $2B budget wouldn't crack the top of those lists. [/quote]
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