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the university's endowments if alumni decrease their donations. Most universities where legacy admissions are a thing have self-perpetuating endowments by now.
by goatinaboat 7y ago
the university's endowments if alumni decrease their donations.
Most universities where legacy admissions are a thing have self-perpetuating endowments by now. Harvard could easily fund itself forever without any donations or even tuition fees at this point, just off the interest and trading profits.