4 ms·
Colleges charge insane amounts in tuition and are still losing money Either schools are being horribly mismanaged or higher education just isn't a profitable b
by ip26 7y ago
Colleges charge insane amounts in tuition and are still losing money
Either schools are being horribly mismanaged or higher education just isn't a profitable business
There's a third option- the profit is carefully erased. See "non-profits" that divert millions of dollars to an owner, relative, or other.
- rossdavidh 7y ago"Never ascribe to malice what is adequately explained by incompetence." - variously attributed Of course, there's no reason it can't be both.
- ip26 7y agoI'm a fan of Hanlon's Razor, but in certain cases (such as when many millions of dollars are involved) I feel it needs to be inverted if only out of caution.
- ouid 7y agoPeople learn to game systems. Hanlon's razor is an initial condition.
- bryanrasmussen 7y agoI always picture the "variously attributed" as some kindly old gent, like Ralph Bellamy in Trading Places, whom, after telling some outraged protestor this bit of wisdom heads back into the private club, to the innermost sanctum where the other conspirators sit around a long table, grabs up a golden goblet brimming with what is hopefully wine, and announces cheerfully "Gentlemen, to Evil!"