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74
IRS Asked To Revoke Ivy League Hedge Fund Harvard's Tax-Exempt Status Which Shields Almost $500 Million Per Year (www.zerohedge.com)
posted 21 days ago by LastRights 21 days ago by LastRights +74 / -0
IRS Asked To Revoke Harvard's Tax-Exempt Status Which Shields Almost $500 Million Per Year
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
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▲ 22 ▼
– SoctaticMethod1 22 points 21 days ago +22 / -0

Remove all federal funding and watch a lot of these places either kick the left out to stay solvent or collapse under their foolish decisions.

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▲ 23 ▼
– ailurus 23 points 21 days ago +23 / -0

Even if they kick out the left, a lot of them will still collapse because they'll have no faculty. The numbers for political affiliation of faculty by major are absurd.

Plus, even if you can salvage some of the departments basically everything except STEM and Business will be completely gone for sure. And while that is a good thing (the last thing we need is a continuation of the indoctrination to social worker/HR Rep/barista pipeline) in most colleges those are the lion's share of the enrollments. These organizations require the social science, english, theatre, etc. majors to keep the lights on.

So, we'll end up with a lot more schools and they'll be 100% focused on actual useful subjects instead of all the BS. Well, there has been a lot of talk within academia about reimagining what the college experience should look like these days, so hope they enjoy it!

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▲ 11 ▼
– Ahaus667 11 points 21 days ago +11 / -0

These organizations require the social science, english, theatre, etc. majors to keep the lights on.

Colleges started to play the corporate game around the late 90s/early 2000s, being entirely leftist they immediately flooded all new money/growth with infinity “administrative” jobs to create a bureaucracy. Then begged government for more money, begged foreign governments for money, basically whored out everywhere possible while skyrocketing costs to students (yay socialism). Then Obummer pulled another great scam in his first term and pushed college loans on retards to keep the money vacuum of colleges going.

“Get a government backed loan! Education is so important!” Nevermind the dropout rate skyrocketed as colleges basically made themselves highschool level degrees to cater to the millions of stupid kids who didn’t realize they were being fleeced by their great savior, most still don’t while their crying about student loans as Biden forgave the loans of… government stooges and people making 100k plus a year.

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