Harvard's endowment grows faster than its annual tuition costs every year. It literally has enough money to cover the tuition for every student forever, without any financial assistance from taxpayers. So why are we taking tax dollars away from the 99 percent of Americans who never went to an Ivy League college and giving it to the incubation chamber of tomorrow's trust-fund tycoons?
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End all taxpayer funding of education institutions.
And once Trump is back, siege endowments of all the Ivy League universities. As reparations.
Okay. But who's going to do the government's research?
The government itself. Why would you support a university doing the government's bidding?
Why is the government doing research?
https://reason.com/2024/06/16/federally-funded-dad-jokes/
Rand Paul's annual report...
This year, I am highlighting a whopping ~$900,000,000,000 of waste, including an NIH grant to study
Russian cats walking on a treadmill, Barbies used as proof of ID for receiving COVID Paycheck
Protection Program funds, $6 million to promote tourism in Egypt, and $200 million to ‘struggling
artists’ like Post Malone, Chris Brown, and Lil Wayne. No matter how much money the government
has already wasted, politicians keep demanding even more.
E.g.,
USDA’s Cutting-Edge Research: Walking Dogs in the Summer
Russian Cats-On-A-Treadmill Studies Funded by NIH
'So why are we taking tax dollars away from the 99 percent of Americans who never went to an Ivy League college and giving it to the incubation chamber of tomorrow's trust-fund tycoons?'
FYTW
Why bother lying, cheating, and back-stabbing to get into the Inner-Elite club if you can't enjoy fucking the peasantry, and even the lower grade elites?
Nope, I also question the legitimacy of what he’s calling “legitimate research funding.” If DARPA has a research project that they want an Ivy League researcher and research department to conduct, the grant application process ALWAYS specifies and breaks down the costs. There is no possible doubt as to how much the project will cost, including reasonable overhead expenses. There is no need for Congress to cap those expenses. The Congressional Budget Office is capable of analyzing those costs if they choose to do so and flagging any inflated overheads for correction. Very few of such research projects are anywhere near what most of us would consider to be in the public interest – national defense, for example – and almost all of them are basic science – the mating habits of the mufti turtle, for example – and represent pork – PORK!
Ask me again why I'm against taxpayer-paid grants.
He's suggesting that isn't being done. Perhaps the CBO doesn't care how much the universities claim for overhead, because it's not their money?
Data point is 10 years old, but I remember the SUNY system's matching requirement being 85%.
"Why are we funding Harvard?"
Because a lot of Harvard grads are working for some pretty powerful government agencies and don't want to donate THEIR money to THEIR alma mater.
They want OTHER people to donate THEIR money to Harvard.
That's why.
… because [WE] decided Gov-Gun ‘armed-theft’ for the ?poor? (obviously Harvard identifies as too-poor) was more important than keeping a USA that ensured Liberty and Justice for all.
"Because a lot of Harvard grads... don’t want to donate THEIR money to THEIR alma mater.They want OTHER people to donate THEIR money to Harvard."
Hell no ! Many disgusted alumni and alumnae want to defund the minions of the MIT, Stanford and creeps who took over the place after the 1969 SDS insurrection , and have done their damnedest to extirpate its founding charter.
Hell no ! Many disgusted alumni and alumnae want to defund the minions of the MIT, Stanford and creeps who took over the place after the 1969 SDS insurrection
That's 55 years ago, grandpa. If those alumni are still alive they must be impossibly old.
You’re looking at five un-Harvard Harvard presidents spanning five decades and fifty graduating classes.
Do the math, sonny.
Rome wasn't sacked in a day.
@8:33 This is nominally the Libertarian Party you’re talking to here. You don’t have to “yada yada” your way through the term “dolphin throuple” there, John McAffee.
Maybe we should tax endowments the way we tax property.
Following up with an addendum. With all the money Harvard has, why is the federal government funding any Pell grants, student loans or any support for disadvantaged students to go to Harvard. Harvard has tons of money; they claim to embrace diversity. Let them find and fund impoverished students that are qualified to attend Harvard.