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Most Universities are non-profit, and almost all of them take Federal money. Classifying them as a business isn't accurate.
by learc83 7y ago
Most Universities are non-profit, and almost all of them take Federal money. Classifying them as a business isn't accurate.
- Lazare 7y ago> Most Universities are non-profit, You're still a business if you're a non-profit. > Almost all of them take Federal money You're still a business if you accept government contracts. > Classifying them as a business isn't accurate. I mean, they act like businesses, and in most cases they very explicitly legally are businesses. They accept money in exchange for services. If not a business, what would you classify them as?
- learc83 7y ago>and in most cases they very explicitly legally are businesses. By that definition every nearly single non-governmental organization is explicitly legally a business, so stating that an organization is a "business" is meaningless. A church, a soup kitchen, and fraternal lodge are also explicitly legally businesses as well, but it's not useful to classify them alongside for profit businesses. Many very well off schools don't even charge students who make below a certain income, and the vast majority of their operating expenses come from donations--saying they charge money in exchange for a service isn't a very useful description of what they do.
- tomp 7y agoMore importantly, people get paid to work for a business but pay to attend a university.