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> In my opinion, it’s not reasonable to demand universities operate at a loss to provide the remote education at a rate less than it costs them to operate (whic
by CogitoCogito 6y ago
> In my opinion, it’s not reasonable to demand universities operate at a loss to provide the remote education at a rate less than it costs them to operate (which I suspect may be happening already in some cases).
I think it depends on the endowment. If the University in fact has a lot of money, then I think they _should_ be operating at a loss while taking advantage of their cushion. But yeah for the majority of universities not in that situation I do agree with you.
- MattGaiser 6y agoEndowment money is often contractually allocated to specific things to prevent this exact scenario.
- CogitoCogito 6y agoI guess you're right that many large gifts are, but what about the (combination of) small gifts? And all returns on interest on such gifts? I mean if I donate money I don't know what contract would exist preventing it to be used for this sort of a purpose. Who would the contract even be with if I personally don't agree to it and I'm the one donating?