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Universities get ~40-50% of their funding from the government. Private equity doesn't quite fit.
by JoeNuts 5mo ago
Universities get ~40-50% of their funding from the government. Private equity doesn't quite fit.
- dhosek 5mo agoIs that across all universities? Because I would guess that, for example, University of Illinois gets a much larger portion of its funding from government sources than University of Chicago (which would be one of those well-endowed universities which, incidentally, just cut tuition to zero for undergrads from families making less than $250K).
- mcmcmc 5mo agoUniversity of Illinois is also a public school. University of Chicago is private, as is MIT.
- dhosek 5mo agoWhich is precisely why I made that comparison.
- deleted 5mo ago[deleted]
- JoeNuts 5mo agoThis study estimates that government spending is 40% of public university revenue, ~10% for private schools. https://nces.ed.gov/programs/coe/indicator/cud/postsecondary-institution-revenue https://nces.ed.gov/programs/coe/indicator/cud/postsecondary...