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Another corrupting influence—anxiety over college costs—could be removed entirely by making our institutions self-sustaining through productive labor. The auth
by bd_at_rivenhill 16y ago
Another corrupting influence—anxiety over college costs—could be removed entirely by making our institutions self-sustaining through productive labor.
The author is ignoring a significant advantage that actual monasteries and convents have on this point: they are exempt from taxes by law and longstanding tradition. It's not clear that an institution lacking this advantage could really become economically self-sufficient.
- stcredzero 16y agoActual monasteries and convents are in a perfect position to fill this role. Not only do they often have the perfect geographical location, they also have physical plants which are designed to foster the right mental attitude and already have practices that do the same. They also have the right tax exempt status.
- rdouble 16y agoColleges and universities are also exempt from taxation. Harvard University pays no tax on its endowment gains or property.