Friday, January 29, 2015

UNDERCLASS ANYONE? None of the other countries mentioned has anything like our black and illegal immigrants underclasses.  Both are the result of the abject failure of liberal governing policies.

THE DETROIT FIASCO Mostly the result of race riots, bad auto management, and intransigent unions.

WHAT IS A PALESTINIAN? There are a lot of myths surrounding the "Palestinians", most wrong. Turn the country of Israel over to the Palestinians and it would cease to feed itself and eventually the inhabitants would be no better off than those who live in poverty all around them.  It's something in the water and in the Muslim faith.

EXCESSIVE DEBT MEANS SLOW GROWTH Noah in comments makes sense.

THE ANSWER TO COLLEGE COST SPIRAL The first response has an answer that makes sense

529s AND COLLEGE COST CONTAINMENT All government intervention distorts the economy

THE RICH GET RICHER:
Wednesday, January 28, 2015

Charitable Donations to Colleges Reached All-Time High in 2014 ($38 Billion)

By Paul Caron

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Wall Street Journal, Harvard, Stanford Lead Record Year for College Gifts; $37.5 Billion Is 10.8% Jump; Top 10 Schools Bring in 18% of Donations:

Colleges and universities received a record $37.5 billion in donations last year, led by massive gifts to Harvard University, Stanford University and other already-wealthy schools.

The new high, a 10.8% jump from the prior year, was due in part to stock-market increases that boosted capital gifts, as well as a jump in donations of art, according to an annual survey being released Wednesday by the nonprofit Council for Aid to Education. ...

The top 10 recipients brought in nearly 18% of all gifts last year, up from 15% a decade earlier, according to Ann E. Kaplan, who directs the survey.

Inside Higher Ed, Deep-Pocket Donors:

Top Fund-Raisers in 2014

Institution	Raised in 2014
1. Harvard	$1.16 billion
2. Stanford	$929 million
3. USC	$732 million
4. Northwestern	$616 million
5. Johns Hopkins	$615 million
6. Cornell	$546 million
7. Texas	$529 million
8. Pennsylvania	$484 million
9. University of Washington	$478 million
10. Columbia	$470 million
11. NYU	$456 million
12. UC-San Francisco	$445 million
13. Duke	$437 million
14. Michigan	$433 million
15. Yale	$430.31 million
16. UCLA	$430.28 million
17. Chicago	$405 million
18. UC-Berkeley	$390 million
19. MIT	$375 million
20. Indiana	$341 million

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Comments

Well maybe they might consider giving more grants to students rather than students relying on pell grants, Cal grants, student loans and parent plus loans? My daughter goes to $60k yearly Jesuit school, works 30 hours a week, maintains a 3.8 gpa and qualifies for cal/pell grants of $10k but gets a lousy $2200 grant per year from her university. I think it would be nice to give some of that endowment money to struggling students. I know she should go to less expensive California public university but good luck getting in anymore.

Posted by: DeannaG | Jan 29, 2015 6:33:10 PM

"Paying Tuition to a Giant Hedge Fund: Harvard's academic mission is dwarfed by its $30 billion endowment." By Ron Unz
http://www.unz.com/article/paying-tuition-to-a-giant-hedge-fund/

Posted by: Walter Sobchak | Jan 29, 2015 7:31:11 PM

Not to be critical, but with that kind of dough why do they have to charge tuition at all?