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^ Its worth pointing out that these "Non-profits" show financial returns on capital far in excess of "profitable" companies. corrected for inflation, school's c
by 001sky 13y ago
^ Its worth pointing out that these "Non-profits" show financial returns on capital far in excess of "profitable" companies. corrected for inflation, school's capital is out-performing GDP growth by ~600 basis points, over a sustained period (multi-cyclic, etc).
- Alex3917 13y agoEndowments don't generally come from tuition, and are only partly spent on scholarships/resources for undergraduates, so I don't see what this would show us. Especially since only a tiny percentage of colleges have significant endowments.
- 001sky 13y agoI don't see what this would show us You have an interesting lack of intellectual curiousity. Last time I checked, 37 college presidents were being paid over $1MM/year in salary. Where is that money coming from? Not the endowments? Your right. Its coming from students, who are basically laundering the government loans, into tuition to support operating costs of the colleges. Money is fungible, in that regards.