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They're universities. They don't have a business model. They're not businesses. Their job is to teach and to research, not to make a profit.
by eli_gottlieb 10y ago
They're universities. They don't have a business model. They're not businesses. Their job is to teach and to research, not to make a profit.
- scarface74 10y agoThat's not true. There are a lot of private universities and so called "non profit" universities where a lot of people are making money. Even public universities will do what it takes to stay open - including denying state residents admissions in favor of foreigners who pay full price.
- eli_gottlieb 10y agoYes, state funding cuts have severely messed-up universities' ability to act according to their chartered purpose. That doesn't mean the charter isn't there.