this post was submitted on 19 Dec 2023
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[–] baseless_discourse@mander.xyz 126 points 11 months ago* (last edited 11 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@sh.itjust.works 10 points 11 months ago

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

Still looking at you, Harvard.

[–] Alexstarfire@lemmy.world 4 points 11 months ago

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