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That won't happen unless "higher education" stops being a highly profitable enterprise for those selling it.
by M_Grey 10y ago
That won't happen unless "higher education" stops being a highly profitable enterprise for those selling it.
- dexterdog 10y agoBut how can it be profitable? They are non-profit institutions.
- zanny 10y agoA business need not be corporate-profitable to pay its management lavishly. The university may not have shareholders or a dividend but that just means all the money it makes has to go somewhere, and that is often inflated salaries for the highest echelons of the school.
- M_Grey 10y agoDon't forget power and influence. Besides, there is also multi-billion dollar world of for-profit education.
- dexterdog 10y agoWhat about the fact that most of the best-known schools have basically become massive hedge funds with nices educational institutions attached to them to keep the non-profit scam in play?
- hueving 10y agoThe military is also a non-profit institution, yet it's the most expensive thing we pay for in the US. Just because the institution itself is non-profit doesn't mean there aren't tons of entities making a killing off of growing the beast.
- dexterdog 10y agoThe military has amassed untold billions of dollars squirreled away in a tax-free endowment?