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An endowment is entirely different from a market capitalization. How can you write "employees might include staff" and keep a straight face? Yes, they do, how
by g15jv2dp 2y ago
An endowment is entirely different from a market capitalization.
How can you write "employees might include staff" and keep a straight face? Yes, they do, how is this even in question? MIT has 1089 faculty members but 17,180 employees total. That's a 15x difference.
- grobbyy 2y agoYes. Do you realize how insane this is? A colleague of mine used to have a chart of staff per faculty member at MIT versus time. That figure has gone up around 20-fold on that chart. It's almost all bloat and overhead made possible by being over capitalized.