3 ms·
Why tie it to legacy though? The university could just offer a secondary admissions pool with a higher tuiting cost.
by gizmo686 3y ago
Why tie it to legacy though?
The university could just offer a secondary admissions pool with a higher tuiting cost.
- lotsofpulp 3y agoThen your $1B is provably not a donation, and hence subject to taxes.
- lazyasciiart 3y agoIt’s already not a donation if it is tied to a benefit to a specific person in your family.
- lotsofpulp 3y agoThe “provably” in my comment is meant to indicate that people would actually be afraid of falsely claiming donations which are really payments to increase m chances of their kids’ admission, since they could be proven guilty of tax evasion.
- kansface 3y agoThey could, but they make more money by keeping the clearing price unknown.