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LTC Kevin B.
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Do you understand how endowments work? Just because universities and colleges have money in endowments doesn't mean they can use that funding however they want. If I donate money to a university for an explicit purpose (like establishing an endowed professorship, or for naming rights, or to establish a research center, etc.), those funds are restricted for those purposes and they can't be diverted for any other purpose. And, many of those universities use whatever discretionary endowment funds they have as a means to provide many, many scholarships.
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LTC Kevin B.
LTC Kevin B.
>1 y
LTC David Brown - No they can't. Most endowments have major restrictions.
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LTC David Brown
LTC David Brown
>1 y
LTC Kevin B. - did I say anything about how many were involved?
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LTC Kevin B.
LTC Kevin B.
>1 y
LTC David Brown - Let's be clear. Some endowments are unrestricted. Most endowments have major restrictions. This insight is coming from someone who actually works in higher education, has read the legally binding details on many endowments, and is charged with managing the restricted proceeds from many endowments.
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LTC David Brown
LTC David Brown
>1 y
LTC Kevin B. - let’s be clear, I didn’t say how many were and weren’t restricted did I. I didn’t say all did I? I didn’t say some did I. I also read the link I posted so I am pretty clear, are you?
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LTC Eugene Chu
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Other issue that you argument ignores is for-profit student debt. Those "schools" have no endowment because their tuition goes towards investors. Some of them went bankrupt or were forced to cancel student debt based on deceptive practices. Why aren't conservatives attending or graduating from more of these for-profit schools based on their mutual values of loose regulation?

https://tcf.org/content/commentary/student-debt-surging-profit-colleges/?agreed=1
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LTC David Brown
LTC David Brown
>1 y
Buyer beware. People need to look at what they are buying and know what they want. For profit colleges should be the last choice. Two of our kids went to community colleges for the first two years. All the kids graduated from state funded colleges. That doesn’t mean an inferior education., Georgia Tech, University of Georgia, Augusta University are good schools. Sending children to college with no idea what they want is a waste of money. One of my kids got into trouble with student loans, it cost him. He didn’t listen. 4 out of 5 isn’t bad.
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PO1 John Johnson
PO1 John Johnson
>1 y
Ask yourself, Eugene, who is running the schools, especially the higher ed ones and who is charging the extreme prices? Another reason that college costs so much is that tuition money was basically free to the borrower for so long, courtesy of Government monetary policies.
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Lt Col Charlie Brown
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I am with you LTC David Brown
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