Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As a member of a NOVA family that just started earning $250, with a high stats kid that was turned down by "elite" schools and is now attending an OOS public, who cares?! If privates simply want undergraduates of the haves and have-nots, with Cal, Michigan and UVA pretending, who am I to argue? Life isn't fair. Thousands of alternatives. Confident kid number 1 will make them all look foolish in the end.

Again privates can do whatever they want, just not on dime of my hard earned middle class money.

Hence, the Merit Act - Merit-Based Educational Reforms and Institutional Transparency
https://nypost.com/2024/01/11/news/bipartisan-congress-aims-to-defund-colleges-over-legacy-admissions/

Make sense? Fair enough? Got it?

Privates still benefit from public support in the form of financial aid, including loan guarantees, research grants, and other benefits like tax exempt status.

You don't have any idea what research grants are.

You don't take any issue with any other tax-exempt non-profit.

You want to change an entire system simply on the hope it increases YOUR particular kid's chances of Harvard from 5% to 5 1/4%.

You want to do this on the backs of the poor.

If good professors are limited and can't access Federal research fundings, they'll move to other schools.
Change and progress is coming.

Anonymous wrote:

Anonymous wrote:You are making a legal argument. What specifically makes them ineligible for 501(c)(3) status under the Internal Revenue Code?

Essentially, their primary purpose isn’t to educate any more, it’s to maximize the endowment.

This is some of the most baseless horsesh*t ever posted on this forum, and that is saying a lot.

Meet some actual educators, jackhole. It'll do you good.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As a member of a NOVA family that just started earning $250, with a high stats kid that was turned down by "elite" schools and is now attending an OOS public, who cares?! If privates simply want undergraduates of the haves and have-nots, with Cal, Michigan and UVA pretending, who am I to argue? Life isn't fair. Thousands of alternatives. Confident kid number 1 will make them all look foolish in the end.

Again privates can do whatever they want, just not on dime of my hard earned middle class money.

Hence, the Merit Act - Merit-Based Educational Reforms and Institutional Transparency
https://nypost.com/2024/01/11/news/bipartisan-congress-aims-to-defund-colleges-over-legacy-admissions/

Make sense? Fair enough? Got it?

Privates still benefit from public support in the form of financial aid, including loan guarantees, research grants, and other benefits like tax exempt status.

You don't have any idea what research grants are.

You don't take any issue with any other tax-exempt non-profit.

You want to change an entire system simply on the hope it increases YOUR particular kid's chances of Harvard from 5% to 5 1/4%.

You want to do this on the backs of the poor.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As a member of a NOVA family that just started earning $250, with a high stats kid that was turned down by "elite" schools and is now attending an OOS public, who cares?! If privates simply want undergraduates of the haves and have-nots, with Cal, Michigan and UVA pretending, who am I to argue? Life isn't fair. Thousands of alternatives. Confident kid number 1 will make them all look foolish in the end.

Again privates can do whatever they want, just not on dime of my hard earned middle class money.

Hence, the Merit Act - Merit-Based Educational Reforms and Institutional Transparency
https://nypost.com/2024/01/11/news/bipartisan-congress-aims-to-defund-colleges-over-legacy-admissions/

Make sense? Fair enough? Got it?

PP, I believe I stated that I don't care how schools handle their admissions...Got it? Make sense?

I care when my tax money goes there. Got it? Make Sense?

$35MM of the Commonwealth's $31B general fund spending goes to UVA. I'll venmo you the 1% of your tax bill this year.
https://www.urban.org/policy-centers/cross-center-initiatives/state-and-local-finance-initiative/projects/state-fiscal-briefs/virginia
https://news.virginia.edu/content/board-approves-university-virginia-operating-budget-next-fiscal-year

Where in the world did you get the idea that only $35M goes to UVA? The sentence in the article you linked to was referring to UVA-Wise only, saying that the state's general fund contribution is by far the largest share of its $70M budget. UVA Academic division (Charlottesville) gets about $250M/yr in general fund operating support, plus appropriations to support capital improvements.

Anonymous wrote:You are making a legal argument. What specifically makes them ineligible for 501(c)(3) status under the Internal Revenue Code?

I’m not a non-profit lawyer but I would argue that they are deceptive in purpose. Their primary goal is to maximize returns for their billions in endowment, not to educate (e.g. a private interest that benefits the Harvard Corp.). Essentially, their primary purpose isn’t to educate any more, it’s to maximize the endowment.

The lack of transparency does not permit independent evaluation of whether these schools are in fact primarily dedicated to education and whether that is working or not.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You are making a legal argument. What specifically makes them ineligible for 501(c)(3) status under the Internal Revenue Code?

Thankfully taxpayers have many other weapons.

Translation: I have no evidence that these universities should have their 501(c)(3) status revoked.

The Bill is still under process, so we'll have to see but these are included in the bill - Pell Grant, Federal Funding, Accreditation.
I think these are more than enough for 100% compliance.

As for the non-profit status, Accreditation part may or may not have implication.

From interacting with people on this forum, it seems that upper middle class admissions are in a completely perpendicular state to first gen low income admissions. Fgli students are expected to grind and have a resume list that is stacked to the 9s for top schools (with the majority at these top schools coming from elite/privileged high schools), while, on this forum, the discussion is about looking like a plain teen who does not much at all…

Anonymous wrote:

Anonymous wrote:You are making a legal argument. What specifically makes them ineligible for 501(c)(3) status under the Internal Revenue Code?

Thankfully taxpayers have many other weapons.

Translation: I have no evidence that these universities should have their 501(c)(3) status revoked.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As a member of a NOVA family that just started earning $250, with a high stats kid that was turned down by "elite" schools and is now attending an OOS public, who cares?! If privates simply want undergraduates of the haves and have-nots, with Cal, Michigan and UVA pretending, who am I to argue? Life isn't fair. Thousands of alternatives. Confident kid number 1 will make them all look foolish in the end.

Again privates can do whatever they want, just not on dime of my hard earned middle class money.

Hence, the Merit Act - Merit-Based Educational Reforms and Institutional Transparency
https://nypost.com/2024/01/11/news/bipartisan-congress-aims-to-defund-colleges-over-legacy-admissions/

Make sense? Fair enough? Got it?

PP, I believe I stated that I don't care how schools handle their admissions...Got it? Make sense?

I care when my tax money goes there. Got it? Make Sense?

$35MM of the Commonwealth's $31B general fund spending goes to UVA. I'll venmo you the 1% of your tax bill this year.
https://www.urban.org/policy-centers/cross-center-initiatives/state-and-local-finance-initiative/projects/state-fiscal-briefs/virginia
https://news.virginia.edu/content/board-approves-university-virginia-operating-budget-next-fiscal-year

add Federal funding, Pell grants, etc.
Add all the taxpayers who are with me.

https://www.schev.edu/Home/Components/News/News/450/16
Virginia Bans Legacy Admissions in Public Universities and Colleges
UVA is already complying.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As a member of a NOVA family that just started earning $250, with a high stats kid that was turned down by "elite" schools and is now attending an OOS public, who cares?! If privates simply want undergraduates of the haves and have-nots, with Cal, Michigan and UVA pretending, who am I to argue? Life isn't fair. Thousands of alternatives. Confident kid number 1 will make them all look foolish in the end.

Again privates can do whatever they want, just not on dime of my hard earned middle class money.

Hence, the Merit Act - Merit-Based Educational Reforms and Institutional Transparency
https://nypost.com/2024/01/11/news/bipartisan-congress-aims-to-defund-colleges-over-legacy-admissions/

Make sense? Fair enough? Got it?

PP, I believe I stated that I don't care how schools handle their admissions...Got it? Make sense?

I care when my tax money goes there. Got it? Make Sense?

$35MM of the Commonwealth's $31B general fund spending goes to UVA. I'll venmo you the 1% of your tax bill this year.
https://www.urban.org/policy-centers/cross-center-initiatives/state-and-local-finance-initiative/projects/state-fiscal-briefs/virginia
https://news.virginia.edu/content/board-approves-university-virginia-operating-budget-next-fiscal-year

Anonymous wrote:You are making a legal argument. What specifically makes them ineligible for 501(c)(3) status under the Internal Revenue Code?

Thankfully taxpayers have many other weapons.

But then there's also this
"The MERIT Act would amend the Higher Education Act to add a new standard for accreditation in order to prevent accredited colleges and universities"

https://www.kaine.senate.gov/press-releases/young-kaine-introduce-bill-to-end-legacy-admissions#:~:text=The%20MERIT%20Act%20would%20amend,treatment%E2%80%9D%20during%20the%20admissions%20process.

What if they do not give the school accreditation as 'non-profit educational institution'

You are making a legal argument. What specifically makes them ineligible for 501(c)(3) status under the Internal Revenue Code?

NP. On the taxpayer argument: I don’t think these institutions should be non-profits given how they currently conduct business. They are essentially large and powerful hedge funds at this point, with a marketing arm that is designed to build their brand. They want obscure admissions because it benefits them financially, not because it makes the education better or does any good in the world.

They act like a business. Let them be taxed like a business. If they want to retain non-profit status, they need to be fully transparent with respect to admissions. But this world where they want the benefit of non-profit status while acting as ruthlessly and with as little transparency as a large Wall Street fund is not right.

Is there any aspect of how a private university operates that you shouldn't be able to control by virtue of being a taxpayer?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As a member of a NOVA family that just started earning $250, with a high stats kid that was turned down by "elite" schools and is now attending an OOS public, who cares?! If privates simply want undergraduates of the haves and have-nots, with Cal, Michigan and UVA pretending, who am I to argue? Life isn't fair. Thousands of alternatives. Confident kid number 1 will make them all look foolish in the end.

Again privates can do whatever they want, just not on dime of my hard earned middle class money.

Hence, the Merit Act - Merit-Based Educational Reforms and Institutional Transparency
https://nypost.com/2024/01/11/news/bipartisan-congress-aims-to-defund-colleges-over-legacy-admissions/

Make sense? Fair enough? Got it?

PP, I believe I stated that I don't care how schools handle their admissions...Got it? Make sense?

I care when my tax money goes there. Got it? Make Sense?