111–120 of 551 posts
the age old unspoken donation "coincidence" this is how many rich people get their kids into Harvard too, the only reason parents got caught up in the varsity blues scandal was that they were too explicit... old money donates the new library and "hopes" for the best
they weren't rich enough to use the route that they used.
Remember students cheating is against our academic integrity policy!
It's fascinating how we've come to this, where we've let our society be influenced so profoundly by social media platforms and the men who run them. It's bad and I hope we can eventually diffuse the power that's been concentrated in their hands. But they're not the same, these men. Only one of them really scares me. What scares me about Zuck is observable in his public behavior. He knows EXACTLY what he's doing and s…
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From regulatory capture through revolving doors and lobbying, to media capture through purchase, and now academic capture through donation, it seems no activity is safe from large concentrations of wealth.
And it never will be. This is a human problem. No amount of laws and regulations will ever solve it.
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People forget that private universities are for profit businesses.
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It was only in the last few years did I realize the massive endowments many universities have make them ripe targets for bad actors to make their way into administration.
The few very large unis i looked into all made massively more money off investment returns than any operational income. the year i reviewed for the university of texas system showed they could have charged zero tuition that year and still make a profit there are absolutely kickbacks for people in control of those endowments choosing specific investment options with their many billions of dollars
They are solely focused on revenue. Teacher pay rarely raised, but that new upgrade for the stadium at a cool $120m, seems like a great idea.
FFS, her dept went past the paper budget for one semester, about 5 years ago. The resolution? Do without paper until the next semester.
That's what students insane tuition prices bought them. Apathy over education.
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what if we had laws that prevented people from obtaining disproportionate amounts of wealth? Seems like it'd be a lot harder to buy a school if being a multi-billionaire is impossible.
This is such a naive viewpoint. Let's say that people are not allowed to have more than 10 million dollars, but corporations are. Then it wouldn't be Zuckerberg's money, it would simply be Facebook's, wielded by Zuckerberg. I hope you can see the ridiculousness is saying that corporations should be limited in wealth as well, but even if you can't, let's assume they are limited the same. Now it becomes easier to buy t…
Of course doing something halfway would not accomplish much.