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It's possible they are both right. The school Bloomberg donated the money to, Johns Hopkins is among the more prestigious name recognition wise. It's hard to
by pmorici 14y ago
It's possible they are both right. The school Bloomberg donated the money to, Johns Hopkins is among the more prestigious name recognition wise. It's hard to see how, with billionaires willing to give you so much money, you could possibly go bankrupt. On the other hand Cuban's point of view probably has more merit for second and third tier schools with less name recognition. Look at newspapers; the New York Times seems like it will survive many small town paper's futures look much more uncertain.
- spamizbad 14y agoThiel, another billionaire who's down on college, got a Law degree from Stanford. Stanford is probably even more highly regarded outside of tech circles, if you can imagine that even being possible. The answer may be in the degrees themselves: Bloomberg received his B.Sc. in Electrical Engineering whereas Cuban received a BA in Business Administration.
- NoPiece 14y agoTotally agree. According to Wikipedia, there are 2,774 four year universities in the US (4,495 if you include two year). If you can't get yourself into one of the top 1000 (I'm being generous), your time and money is probably better spent elsewhere. If you are an institution that doesn't rank in the top 1000, the world probably won't miss your research. Now I'm sure there are a some great professors at whatever the 2,774th ranked school in america is, and some of their students will turn out to be very successful. But looking at the big picture, it is a big misallocation of resources. http://en.wikipedia.org/wiki/Higher_education_in_the_United_States http://en.wikipedia.org/wiki/Higher_education_in_the_United_...