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The janitors are paid for by the rent. The "efficiency" here is that the university gets paid for an asset that it didn't pay for.
by anamax 5y ago
The janitors are paid for by the rent.
The "efficiency" here is that the university gets paid for an asset that it didn't pay for.
- pests 5y agoIs that not allowed? If someone gives you a house or a car, is it wrong to profit off it by renting it out or offering it on rideshare?
- jcelerier 5y agoThe idea that universities or other public services should be profitable in any way is bewildering to me
- Spooky23 5y agoThey get paid for the whole institution. It’s not a contracting model in the traditional sense, it a model designed to support the educational mission of the university.
- anamax 5y ago> it a model designed to support the educational mission of the university. Except for the small problem that research contracts with orgs, some for profit, that don't have an educational mission, such as SRI, BBN, etc, follow the same model (absent the donated buildings).