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Welfare for the rich

dylancatlow
Posts: 12,254
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12/2/2015 2:17:52 AM
Posted: 1 year ago
According to this study, the average student at Harvard, Yale, and Princeton receives $48,000, $69,000, and $105,000 in government subsidies respectively. We're talking about institutions that have endowments in excess of 20 billion dollars (Harvard having the largest at 36 billion). These schools could easily forgive the tuition of students unable to afford it, but instead rely on government handouts to amass even larger fortunes than they already have. What's especially scandalous is that students at universities with smaller endowments receive significantly less government aid than those at elite institutions. How is this even remotely defensible?

http://nexusresearch.org...
Chang29
Posts: 732
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12/3/2015 2:44:50 AM
Posted: 1 year ago
At 12/2/2015 2:17:52 AM, dylancatlow wrote:
According to this study, the average student at Harvard, Yale, and Princeton receives $48,000, $69,000, and $105,000 in government subsidies respectively. We're talking about institutions that have endowments in excess of 20 billion dollars (Harvard having the largest at 36 billion). These schools could easily forgive the tuition of students unable to afford it, but instead rely on government handouts to amass even larger fortunes than they already have. What's especially scandalous is that students at universities with smaller endowments receive significantly less government aid than those at elite institutions. How is this even remotely defensible?


http://nexusresearch.org...

The intellectual class needs to be paid. An Ivy League professor will have a hard time earning a living with voluntary exchange by providing value to another person.
A free market anti-capitalist

If it can be de-centralized, it will be de-centralized.
16kadams
Posts: 10,497
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12/3/2015 6:04:39 AM
Posted: 1 year ago
At 12/2/2015 2:17:52 AM, dylancatlow wrote:
According to this study, the average student at Harvard, Yale, and Princeton receives $48,000, $69,000, and $105,000 in government subsidies respectively. We're talking about institutions that have endowments in excess of 20 billion dollars (Harvard having the largest at 36 billion). These schools could easily forgive the tuition of students unable to afford it, but instead rely on government handouts to amass even larger fortunes than they already have. What's especially scandalous is that students at universities with smaller endowments receive significantly less government aid than those at elite institutions. How is this even remotely defensible?


http://nexusresearch.org...

I mean, it is easily defensible, but whatever. Regardless, the real solution is to decrease tuition, and on that front we can debate about it all day.
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TBR
Posts: 9,991
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12/3/2015 6:11:58 AM
Posted: 1 year ago
At 12/3/2015 2:44:50 AM, Chang29 wrote:
At 12/2/2015 2:17:52 AM, dylancatlow wrote:
According to this study, the average student at Harvard, Yale, and Princeton receives $48,000, $69,000, and $105,000 in government subsidies respectively. We're talking about institutions that have endowments in excess of 20 billion dollars (Harvard having the largest at 36 billion). These schools could easily forgive the tuition of students unable to afford it, but instead rely on government handouts to amass even larger fortunes than they already have. What's especially scandalous is that students at universities with smaller endowments receive significantly less government aid than those at elite institutions. How is this even remotely defensible?


http://nexusresearch.org...

The intellectual class needs to be paid. An Ivy League professor will have a hard time earning a living with voluntary exchange by providing value to another person.

Did you read this? Its not the profs he is talking about.
dylancatlow
Posts: 12,254
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12/3/2015 6:27:32 AM
Posted: 1 year ago
At 12/3/2015 6:11:58 AM, TBR wrote:
At 12/3/2015 2:44:50 AM, Chang29 wrote:
At 12/2/2015 2:17:52 AM, dylancatlow wrote:
According to this study, the average student at Harvard, Yale, and Princeton receives $48,000, $69,000, and $105,000 in government subsidies respectively. We're talking about institutions that have endowments in excess of 20 billion dollars (Harvard having the largest at 36 billion). These schools could easily forgive the tuition of students unable to afford it, but instead rely on government handouts to amass even larger fortunes than they already have. What's especially scandalous is that students at universities with smaller endowments receive significantly less government aid than those at elite institutions. How is this even remotely defensible?


http://nexusresearch.org...

The intellectual class needs to be paid. An Ivy League professor will have a hard time earning a living with voluntary exchange by providing value to another person.

Did you read this? Its not the profs he is talking about.

I'm like 90 percent sure he was just trying to make fun of professors lol
Chang29
Posts: 732
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12/3/2015 9:09:20 AM
Posted: 1 year ago
At 12/3/2015 6:27:32 AM, dylancatlow wrote:
At 12/3/2015 6:11:58 AM, TBR wrote:
At 12/3/2015 2:44:50 AM, Chang29 wrote:
At 12/2/2015 2:17:52 AM, dylancatlow wrote:
According to this study, the average student at Harvard, Yale, and Princeton receives $48,000, $69,000, and $105,000 in government subsidies respectively. We're talking about institutions that have endowments in excess of 20 billion dollars (Harvard having the largest at 36 billion). These schools could easily forgive the tuition of students unable to afford it, but instead rely on government handouts to amass even larger fortunes than they already have. What's especially scandalous is that students at universities with smaller endowments receive significantly less government aid than those at elite institutions. How is this even remotely defensible?


http://nexusresearch.org...

The intellectual class needs to be paid. An Ivy League professor will have a hard time earning a living with voluntary exchange by providing value to another person.

Did you read this? Its not the profs he is talking about.

I'm like 90 percent sure he was just trying to make fun of professors lol

And, to point out the real beneficiaries of the subsidies.
A free market anti-capitalist

If it can be de-centralized, it will be de-centralized.