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I'd just like to point out that when I was a student the university upgraded from a cafeteria to a foodhall (rated one of the best in the country), tore down ol
by yardie 7y ago
I'd just like to point out that when I was a student the university upgraded from a cafeteria to a foodhall (rated one of the best in the country), tore down old student dorms and replaced them with suites. And went into massive debt to pay for new buildings and renovate old ones. The students had no say in the matter and I'm sure if given the option would have preferred the old, paid for buildings.
This was a state school of 30,000. The school and the state decided what tuition was going to be, not the students.
- JudgeWapner 7y agoMy college did the same. Tore down the old library and built a new one that put all the books behind robo shelves. Built a new gym, several new dorms, a "student center", basically anything other than contributions to education. It's like they had a surplus of cash and had to find a way to spend it.
- bluedevil2k 7y agoThey have to spend a certain % of endowment funds every year (4% maybe) in order to maintain tax-free status.
- yardie 7y agoUh, why not simply give it to the students?