this post was submitted on 19 Dec 2023
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[–] [email protected] 126 points 9 months ago* (last edited 9 months ago) (2 children)

On the other hand if most of your school's money is in some investment firm, instead of invested in the wellbeing and learning of your employees and students. And you have a investor as the person with the highest salary.

Then your "school" is more of a financial institution than a school. And probably should be taxed as such.

Looking at you, Harvard: https://www.reuters.com/world/us/harvard-posts-investment-gain-fiscal-2023-endowment-stands-507-billion-2023-10-20/

[–] mindbleach 10 points 9 months ago

Exceptions will be made if having a behind-the-scenes money fountain means tuition is basically free.

Still looking at you, Harvard.

[–] [email protected] 4 points 9 months ago

I guess we'll just ignore the tuitions and such they pay for.