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The other way to look at it is that state universities are ludicrously profitable, but the boundaries are drawn in the wrong place.
by ebikelaw 9y ago
The other way to look at it is that state universities are ludicrously profitable, but the boundaries are drawn in the wrong place.
- kccqzy 9y agoCan you explain what you mean? What kind of boundaries are you referring to?
- ebikelaw 9y agoWhat I meant was profit/loss and other systems of accounting are meant to sum up the quantities within and the flows across the boundaries of a given system. If you externalize all of the profit and internalize all of the cost then of course it's going to look like a university loses money.