Princeton's endowment return next year at roughly $3.77 billion and its annual operating budget is $1.86 billion. The math, writes Malcolm Gladwell, is pretty easy. "Princeton could let in every student for free. The university administrators could tell the U.S. government and all of its funding agencies, 'It's cool. We got this.'" They could, but they won't. They continue to fundraise for money they don't need. They continue to charge tuition fees they don't need. (I found this in a LinkedIn post which is gone and will never be found again because LinkedIn search (and social media search in general) is simply awful).
Today: 0 Total: 1746 [Direct link] [Share]
