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Also, if the colleges give out a certain amount of grants to students who can't afford the artificially high tuition, they become non-profits and can bank all t
by downrightmike 4y ago
Also, if the colleges give out a certain amount of grants to students who can't afford the artificially high tuition, they become non-profits and can bank all that cash into their endowments. That's really the why of tuition hikes. Greed. Thanks MIT who took this to the supreme court in 91 and fucked all future generations!
- doctorwho42 4y agoAnd their endowment is over 25 billion.... And why again, are their salaries lower than industry again?
- downrightmike 4y agoThe amount of tuition that the incoming Freshman class pays is more than enough to pay for all other edu classes expenses.