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Most universities are run like a business. They are "non-profit" but essentially they are trying to generate "profits" that raise their endowment. Larger endowm
by krull10 9y ago
Most universities are run like a business. They are "non-profit" but essentially they are trying to generate "profits" that raise their endowment. Larger endowments mean more $ per year to spend on faculty, admin/staff, and student services/housing. Having more faculty and better student services/housing helps recruit more and stronger students...
- icebraining 9y agoHumphrey: Bernard, you know perfectly well there has to be some way to measure success in the Civil Service. British Leyland measure their success by the size of their profits. Or, to be more accurate, they measure the size of their failure by the size of their losses. But, we don’t have profits and losses. We have to measure our success by the size of our staff and our budget. By definition a big department is more successful than a small one.