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I mean - economically speaking - why wouldn't a college take a student in exchange for a building? It would be unfair to not allow this, no? I think the unfair
by jmole 6y ago
I mean - economically speaking - why wouldn't a college take a student in exchange for a building? It would be unfair to not allow this, no?
I think the unfairness argument should be taken up a level - it's unfair that someone can even have the wealth to do this.
- TheOtherHobbes 6y agoColleges should compete for students based on the number of endowed buildings and sports facilities, and not on irrelevant metrics like academics. In fact there should be a two-speed college system - one for very wealthy people who like having buildings and stadiums named after them, and a separate vocational academic system for those who can't afford to operate on that level. Studying would be optional on the fast track. Academic life would become a round of partying, networking, and assortative mating, and efficiency would be enhanced by shortening it by a year or two. This would increase student throughput and further boost the property portfolios of the high status educational institutions. With this system everyone would know exactly what their money was buying, and immoral attempts to cheat the system would become very easy to spot.