240
Columbia Cuts Due Process for Student Protesters After Congress Demands Harsher Punishment
(theintercept.com)
this post was submitted on 29 Aug 2024
240 points (97.6% liked)
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I meant that the money donated isn't that much, compared to the existing endowment. I think it was Adam Tooze's argument, that IIRC Columbia could basically afford to lose most if not all donation streams and just fund itself from the stock market. And his interpretation as to why they reacted so violently is either fully ideological on behalf of the admin, or because Colombia is actually underperforming as asset management, a panicking reasserting of who runs the place, which is in a way also ideological.
Fascinating, thanks