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College and University Discussion
Reply to "NY Times editorial: "Universities Like Yale Need a Reckoning""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]"Endowment hording" is leveled at universities so wealthy they can't be punished or controlled by the public purse strings. I agree to some degree with other bullet points. But the people who want to knock these schools off of their high horse's should drop the sour grapes arguments. [/quote] Is there a proposed solution to endowment hoarding? Big endowments will be confiscated and distributed to all other colleges in the name of equity?[/quote] I think this point is less about schools with larger vs smaller/no endowments and more that schools with substantial endowments should have higher withdrawal rates and use the money productively to address the identified problems (admit more students, reach people outside of the university, etc).[/quote] Harvard has been in business for 388 years. Pretty sure they've figured out how to manage their priorities and portfolio without your help. 🤡 [/quote] I’m explaining what the author’s point was but definitely shoot the messenger. 🤡🤡🤡🤡🤡🤡[/quote] Wait.... who, in your mind, is the messenger? The author? Or you??? Maybe read a little bit about main character syndrome and then take a walk, yea?[/quote]
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