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Pretty much. Tuition is set by willingness to pay. Most large endowments are actually thousand of small endowments that are earmarked for certain things. Also m

by ryan93 4y ago

Pretty much. Tuition is set by willingness to pay. Most large endowments are actually thousand of small endowments that are earmarked for certain things. Also many of the largest endowments are actually used for giving large financial aid. On principle its not of your business where private endowments come from. The government can of course stop giving loans to anyone and everyone for any amount.

rgrieselhuber 4y ago
I don't care about private endowments, that's the business of donors. There does seem to be conflicting opinions on whether tax money (student loans) flows into endowments and, if so, that should be immediately shut down.
- ryan93 4y ago
  Almost all endowment increases come from donors and stock market gains. Harvard spends 5+ percent of their endowment per year. It would be trivial if it was happening to prevent tuition going to endowments since tuition is a small fraction of spending at rich universities. Your weird obsession will do nothing to lower costs
  - rgrieselhuber 4y ago
    Not sure how it's a weird obsession to want to know how tax dollars are being spent on universities, especially given the OP. Do you have something to back up what you are asserting, that endowments are not funded (directly or indirectly) by student loans?
  - ryan93 4y ago
    Endowments increase the amount that can be spent. All universities spend all the tuition. Feel free to block tuition from going into endowments; doesn’t matter. https://thedailytexan.com/2019/03/08/ut-now-has-the-second-largest-endowment-in-the-country-what-does-that-mean/ https://thedailytexan.com/2019/03/08/ut-now-has-the-second-l... Here is interesting journalism
    - rgrieselhuber 4y ago
      I'll take a look at the article. If tuition and tax money aren't going into endowments, then I don't really have a problem. To date, whenever I would bring this topic up, it was pretty quickly shut down, which always gets my spidey sense going. The problem of increasing tuition costs is a whole topic in its own right but I think we are also on the verge of bursting the education bubble in general, so that will have an impact.
      - ryan93 4y ago
        Unfortunately physical metaphors about “bursting bubbles” don’t correspond to reality. People at 18 and their parents are scared to DEATH of failure. They WILL pay exorbitant tuition at any decent university
        rgrieselhuber 4y ago
        > They WILL pay exorbitant tuition at any decent university That may be true but I still think we're headed for a big correction in education long term, both economically and in terms of cultural influence.

by ryan93 4y ago

rgrieselhuber 4y ago

I don't care about private endowments, that's the business of donors. There does seem to be conflicting opinions on whether tax money (student loans) flows into endowments and, if so, that should be immediately shut down.

ryan93 4y ago
Almost all endowment increases come from donors and stock market gains. Harvard spends 5+ percent of their endowment per year. It would be trivial if it was happening to prevent tuition going to endowments since tuition is a small fraction of spending at rich universities. Your weird obsession will do nothing to lower costs
- rgrieselhuber 4y ago
  Not sure how it's a weird obsession to want to know how tax dollars are being spent on universities, especially given the OP. Do you have something to back up what you are asserting, that endowments are not funded (directly or indirectly) by student loans?
- ryan93 4y ago
  Endowments increase the amount that can be spent. All universities spend all the tuition. Feel free to block tuition from going into endowments; doesn’t matter. https://thedailytexan.com/2019/03/08/ut-now-has-the-second-largest-endowment-in-the-country-what-does-that-mean/ https://thedailytexan.com/2019/03/08/ut-now-has-the-second-l... Here is interesting journalism
  - rgrieselhuber 4y ago
    I'll take a look at the article. If tuition and tax money aren't going into endowments, then I don't really have a problem. To date, whenever I would bring this topic up, it was pretty quickly shut down, which always gets my spidey sense going. The problem of increasing tuition costs is a whole topic in its own right but I think we are also on the verge of bursting the education bubble in general, so that will have an impact.
    - ryan93 4y ago
      Unfortunately physical metaphors about “bursting bubbles” don’t correspond to reality. People at 18 and their parents are scared to DEATH of failure. They WILL pay exorbitant tuition at any decent university
      - rgrieselhuber 4y ago
        > They WILL pay exorbitant tuition at any decent university That may be true but I still think we're headed for a big correction in education long term, both economically and in terms of cultural influence.