Universities are rich, students are poor...make them pay for college, not us...

[2aguy]

This article looks at all the money Yale and Harvard,are,sitting on while the left talks about free,college tuition...which is not free.......lefties always have trouble understanding that word..."free."
when it come to the individual...no freedom for them.....when it comes to taking money from one person, to give to another so they can claim the title of "compassion" then they use the word free...healthcare, college...stealing to give those away is their idea of free...

Blog: Can you guess what Yale is not doing with its $24-billion endowment?

WHO do you think received more cash from Yale’s endowment last year: Yale students, or the private equity fund managers hired to invest the university’s money?

It’s not even close.

Last year, Yale paid about $480 million to private equity fund managers as compensation — about $137 million in annual management fees, and another $343 million in performance fees, also known as carried interest — to manage about $8 billion, one-third of Yale’s endowment.

In contrast, of the $1 billion the endowment contributed to the university’s operating budget, only $170 million was earmarked for tuition assistance, fellowships and prizes.

Despite the success of its endowment, in 2014 Yale charged its students $291 million, net of scholarships, for tuition, room and board.

In 2012, Harvard spent about $242 million from its endowment on tuition assistance; in 2014, it paid $362 million in private-equity fees, and nearly $1 billion in total investment management fees.

 

[DarkFury]

There needs to be some tax law changes with universities AND churches. The University of Washing owns hotels and parking lots in downtown Seattle which they pay NO taxes for because they are a university.

Church property were prayer takes place or sermons weekly should be exempt but they as well own hotels and theme parks which have nothing to do with church matters.

Both need to be looked at.

 

[pwjohn]

i found the article on npr fascinating.

 

[Katzndogz]

The managers made the university more money. What benefit did the students give?

 

[iamwhatiseem]

The managers made the university more money. What benefit did the students give?

 

[rdean]

Universities are companies. Republicans like companies to make lots of money and pay no taxes and think their workers should have no benefits and be paid a minimum wage - or less.

Only Universities are selling knowledge. Republicans hate knowledge. They believe educated people vote Democrat. Therefore, their hated over smart and educated people is greater than their love of companies.

 

[RoshawnMarkwees]

Universities are companies. Republicans like companies to make lots of money and pay no taxes and think their workers should have no benefits and be paid a minimum wage - or less.

Only Universities are selling knowledge. Republicans hate knowledge. They believe educated people vote Democrat. Therefore, their hated over smart and educated people is greater than their love of companies.

You're confusing knowledge with indoctrination. Colleges charge too much for their product and offer very little usable product in return.
Democrats believe in redistribution of wealth but where the rubber meets the road, i.e., universities, the bastions of left wing group think, they are way greedier than advocates of capitalism.

 

[candycorn]

There should be zero tax dollars spent on college athletics at State universities. Merely cutting this enormous waste of money would (or should) lower costs significantly.

 

[RoshawnMarkwees]

There should be zero tax dollars spent on college athletics at State universities. Merely cutting this enormous waste of money would (or should) lower costs significantly.

Are you joking? Major universities make tons off of sports and merchandizing. The state gets big hunks of that. Whatever the state puts in it's getting more in return.