Reply to Bill banning legacy admissions in all California colleges and universities passes Assembly

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Banning donors is stupid. Goodbye financial aid.

Colleges should be smart enough to reject non donor legacies[/quote]
[b]
No one gives money just so they can get a seat. Most donors are megalomaniacs who like to die happy that their name will live on for posterity on the face of a building or some such. Donations will not stop. [/b]

Your argument is similar to the anti-tax people make. OMG, rich people will leave if you raise taxes too much. Guess what, we did have high taxes and everyone was fine and happy back then. [/quote]

This.  The big ticket donations ($20 million+++) that move the needle at elite schools come from those who put their names on buildings/research centers etc.   Treating every legacy as a potential cash cow is imprecise.[/quote]

utterly false. I'm a Harvard alum. All of us give ONLY to get our kids.  (an yes we co
oare figures out to 8 digitd
s). You take that perq away and we go back to funding true charities for the needy[/quote]

And I'm a Princeton alum.   I can't actually understand your post since there's some words in there that are definitely not in the English language, but donor data is public and heavily skewed to big ticket donations.[/quote]

take your arrogance and judgment somewhere else Princeton alum! no one cares here about your opinion on an Assembly vote in California 
[/quote]

Speak for yourself Harvard.  It's not true that alums are donating purely to get their offspring into university.  And in fact, some alum think their kids are better off in schools where they can earn their entrance rather than buying a spot.[/quote]

Big buck donors to Harvard and the other elites are already going away. Harvard's have dropped off by more than 50% after the Claudine Gay embarrassment. I pulled my donation from my will. Most won't return unless their kids get a benefit. Thrre are far better charities to support in the world than a super wealthy school that can't manage its way out of a paper bag.

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Harvard is already having fundraising problems. https://www.thecrimson.com/article/2024/4/2/garber-private-fundraising-struggles/[/quote]

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