actsnoblemartin
05-15-2008, 08:42 PM
gotta love the hypocrisy
76 colleges have endowments of 1 billion dollars or more
http://search.yahoo.com/search?p=76+colleges+have+endowments+of+1+billion+ dollars+or+more&fr=yfp-t-501&toggle=1&cop=mss&ei=UTF-8&vm=r
http://www.boston.com/news/education/higher/articles/2008/02/28/colleges_guard_soaring_endowments/
http://www.michaelrobertson.com/index.php
May 6th, 2008
Here is my list of college myths:
Myth: Colleges are poor.
Myth: Colleges aren't businesses.
Myth: You must go to college to get otherwise secret info to succeed in life.
Myth: Name brand colleges justify higher prices.
Myth: Colleges care first and foremost about students.
Read on for my explanations.
Myth: Colleges are poor.
Student education as an industry does comparable or better than just about any other industry. They consistently take in much more money than they spend (read: profit). They are adept at generating revenue from many different sources: federal taxes, state taxes, tuition, research, donations, etc. In the donation category alone $28 billion went into college endowments in 2006. 76 colleges now have endowments of $1 billion or more. The richest Universities rival the richest corporations.
76 colleges have endowments of 1 billion dollars or more
http://search.yahoo.com/search?p=76+colleges+have+endowments+of+1+billion+ dollars+or+more&fr=yfp-t-501&toggle=1&cop=mss&ei=UTF-8&vm=r
http://www.boston.com/news/education/higher/articles/2008/02/28/colleges_guard_soaring_endowments/
http://www.michaelrobertson.com/index.php
May 6th, 2008
Here is my list of college myths:
Myth: Colleges are poor.
Myth: Colleges aren't businesses.
Myth: You must go to college to get otherwise secret info to succeed in life.
Myth: Name brand colleges justify higher prices.
Myth: Colleges care first and foremost about students.
Read on for my explanations.
Myth: Colleges are poor.
Student education as an industry does comparable or better than just about any other industry. They consistently take in much more money than they spend (read: profit). They are adept at generating revenue from many different sources: federal taxes, state taxes, tuition, research, donations, etc. In the donation category alone $28 billion went into college endowments in 2006. 76 colleges now have endowments of $1 billion or more. The richest Universities rival the richest corporations.