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.

[–] dudinax@programming.dev 73 points 11 months ago (1 children)

And if the two highest paid public servants in your state are the University football coach and the State football coach, what sort of government is it?

[–] RickyRigatoni@lemmy.ml 24 points 11 months ago (2 children)

Ball is government. Ball is life.

[–] nonfuinoncuro@lemm.ee 5 points 11 months ago

What happened to Shrek? Does he play ball?

[–] WhiskyTangoFoxtrot@lemmy.world 4 points 11 months ago (2 children)

Egg, not ball. Balls are round.

[–] RickyRigatoni@lemmy.ml 4 points 11 months ago

eggs are malformed balls

[–] Alexstarfire@lemmy.world 3 points 11 months ago

Ohh, I've got to go see the doctor.

[–] phoenixz@lemmy.ca 55 points 11 months ago

Not controversial, just plain true. This university sports thing from the US is crazy

[–] greencactus@lemmy.world 43 points 11 months ago* (last edited 11 months ago)

I think the concept of a sports coach at an university is inteeresting in general. At Europe and the colleges here it doesn't really matter which sports team your institution has as long as it offers good education. It is always interesting to see that for whatever reason it can be different.

Edit: typo

[–] jawa21@startrek.website 16 points 11 months ago (3 children)

I agree with the sentiment here, but there are incredibly good schools with high profile/high earning teams.

[–] ook_the_librarian@lemmy.world 44 points 11 months ago

The post never said that the side hustle was subpar. I did undergrad at a middling university and a mediocre sports, and I did grad school at a good school with a top tier basketball team.

To me, it seems the point of the post is that it is telling that there is a correlation. A well-funded university has a well-funded sports team. It sometimes feels the other way around with a well-funded sports team providing a well-funded school. Advocates of college sports actually tout that as feature.

It is so deeply rooted in our culture that I don't even wear my alma mater hoodie because I don't follow basketball. Sports is the only reason why anyone would that apparel, I guess.

[–] tacosanonymous@lemm.ee 10 points 11 months ago

Same. At my Uni, zero tuition dollars go to boys' football or basketball.

[–] Karlos_Cantana@kbin.social 6 points 11 months ago (1 children)

But the teams don't get the money, just the school and the coaches.

[–] jawa21@startrek.website 7 points 11 months ago

That true. But the coaches? The coaches make insane money.

[–] ieightpi@lemmy.world 10 points 11 months ago

Lol I love this take