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Former College President Explains the Funding Strategies Behind Universities | WSJ
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Inside the Pro-Palestinian protests disrupting Columbia University: https://www.wsj.com/us-news/education/pro-palestinian-protest-new-york-city-universities-71c4c93e?st=ohb2ykd0nqo6xd6&mod=googlenewsfeed
US colleges and universities have been nothing more than financial milking cows at the detriment of the unsuspecting American and by extension international students! This is unethical and unconscionable to say the least. That's why other countries in say Asia, Europe, South America and Africa need to wow students to their universities where tuition rates are going to be a fraction of the 'conceptual west's' model.
Why is a state as wealthy as California unable to spend more than $4B on its UC system. Triple that amount.
Those pie charts at about 7:20 includes a sloce for medical centers revenue. Can someone make an explainer on that???
0:17 "over mounting Pro-Palestinian protests". Was that why people threatened to pull funding or was it over antisemitism and colleges not treating Jews the same way they treat other minority groups?
These days Universities are just tax advantaged hedge funds masquerading as higher learning
Notice Hamilton College, based on tuition revenues, has no graduate school. These graduate schools, like at Harvard, get big research grants.
Interested in knowing how the funds get spent.
I'm sure this is more complicated than what I understand, but it seems that colleges have no reason to drastically spend down their massive endowments if students/parents are willing to pay the raised tuition. And students/parents are often willing to pay them because student loans are easy.
“This idea that admin say oh my god I’m going to change my strategic vision bc I’m worry about a $25M gift when you have $50Bn in the bank is ludicrous” -> proceeds to go right into how pertinent large endowments are to universities
Wealth and greed seem to be synonymous when it comes to colleges. One must wonder why, with the huge tuition increases, they any need money at all.
Biggest fraud in the US. Higher education worth billions, tax exempt
and when you are an international student the costs are just like… yeah……
Like asking a tobacco company if cigarettes are good for you
Morty (president in this video) was truly a class act – out on campus, tons of face time with students at all levels. He’d show up to dorms and just chat at scheduled times. Proud to see him speak on this topic.
Is there a similar video about the expense side? Why has it got so expensive?
Is he the father of Ben Shapiro?
Maybe paid tuition of the low wage students from poor and middle class families 😊
It’s not because of the Pro-Palestinian protests. By centering the cause of declines in funding on these movements, you make it seem as though the donors are denying the legitimacy of the protests, while in reality they are pulling their funding due to the lack of an adequate response to the rise in anti-semitism on college campuses.
"The greatest higher education system in the history of the world " AHAHAH what a joke
Very insightful
Superb report.
Too many students graduate from top universities with crushing debt but without a marketable degree. It’s reassuring to know that these universities are financially prudent. Unfortunately, they often fail to help impulsive 18-year-olds understand that university is not merely a four-year journey of self-discovery; it’s an investment in their future. As the saying goes, ‘If the business model isn’t broken, don’t fix it'
Seen from Europe, where the University budgets are almost never above 8 figures , one can't help but think that the US universities offer a pretty poor ratio of academic production per dollar spent. I mean, the the academic level isn't superior to that in Europe, and both what the colleges pay per student and what the students pay per year is far superior (multiples!) from what's spent in Europe.
In a way it's similar to the Health system spend per Patient…
go to community college.
this is CRAZY $$$$
DO NOT SPEND MONEY YOU DO NOT HAVE
YOU WILL END UP IN DEBT FOREVER.
The WSJ does such an amazing job at demonstrating their POV… Bravo! 🙌
Imagine paying like 60k a year for school and then you see our tax dollars going to israel where they have free college and free healthcare.
5:17 – undergraduate "experience": meaning useless stuff like on campus ski resorts. The whole point of a university is you get an education. So I won't say tuition helping the undergraduate "experience" is a good thing.
“Pro-Palestinian protests” is an illogical misnomer. Protests are against things, and these people are protesting Israel. They are anti-Israeli protests.
This guy is a Sith Lord. Look into it.
Чисто кайфовые завозы) все как я люблю. Почаще делай такие видоски бро🥽
So many of these schools took covid funds. And didn't filter it to students or lower tuitions whole having zoom courses.
US tax money should build public colleges & universities for American kids so they don’t end up food servers.
If I was Harvard and had an account with Citadel I would have pulled my money out. Watch them change their tune
Calling them “Pro-Palestinian protests” at the beginning means the video is not worth watching.
It seems to me that many classes could be taken online inexpensively. As long as students show up in person for testing, I don't see a problem.
The fact that a former university president talks about endowment growth without talking about the student loan crisis is SHOCKING and shameful. This is the largest transfer of funds from public coffers to private pockets in history.
I'd really like to see an equally deep dive into school costs. How much do schools spend on teachers, administrators, facilities staffing, real estate, materials, etc.