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Where did the money come from if not from "tuition, grant, donation, state or taxpayer funds"? And if they have another source of funding, this still means the
by Lionga 6y ago
Where did the money come from if not from "tuition, grant, donation, state or taxpayer funds"? And if they have another source of funding, this still means the money is missing to fund things in the future that now they have to use "tuition, grant, donation, state or taxpayer funds" for.
They also send a clear message that ransom ware blackmail is a great business model. I think that is more than enough reason to dunk on them.
- pc86 6y agoNo you don't understand, they didn't use that money, they used different money! Nevermind that money is fungible. Unless they set money in the budget every year for "Ransomware Insurance Shortfall" this is 100% "tuition, grant, donation, state or taxpayer funds" at some point in the chain.
- sgeorge96 6y agoIt was partly covered by insurance.
- pc86 6y agoWe're talking about the part that wasn't.
- scarmig 6y agoEven the insurance policy that distributed the payout was ultimately paid for with those funds.
- colinmhayes 6y agoSunk cost
- candiodari 6y agoPlus obviously insurance simply means they're using tuition money to pay for ransoms, but all the time, not just when they're threatened.
- jessaustin 6y agoIf they're spending it all the time anyway, why shouldn't the payment have been made?
- lotsofpulp 6y agoWhich came from insurance premiums paid by the university.
- abluecloud 6y agowhich was paid for with tuition, grant, donation, state or taxpayer funds
- mywittyname 6y agoWhich will continue to pay for the now-increased ongoing premiums.
- edoceo 6y agoTurtles
- freeopinion 6y agoUtah's higher education system has what I think is a very stupid tuition hierarchy. It seems that tuition is set by the state legislature and cannot be modified by the individual school. But schools can set other fees. So they have this concept of "differential tuition". That is some arbitrary amount that they choose to charge for a particular class that is the difference between what tuition would be if they could control it and the amount mandated by the legislature. You may have paid all your tuition and still owe the university tuition. Got a tuition scholarship from the university? Better check the fine print. Full-tuition or half-tuition doesn't necessarily mean what you think it means. It might only cover one of the definitions of tuition. Each class can have multiple tuitions of arbitrary amounts and you have to pay them all; your scholarship does not have to cover them all. Oh, and it is impossible to know how much to budget for a 15-credit hour semester unless you provide a specific list of classes taken. So, "didn't come from tuition" is an ambiguous statement from a Utah school.
- afrcnc 6y agoFrom football game ticket sales... duuuh
- bagacrap 6y agoschool store textbook sales