Comments on: Even Harvard Is Struggling Economically

By: proreason

proreason — Wed, 12 Nov 2008 16:07:50 +0000

With all of Obamy’s enthusiasm for re-distribution, why isn’t he grabbing the $37B to pay off his constituents? In this one case, it would be a better use of the money.

By: bousquem

bousquem — Wed, 12 Nov 2008 04:15:08 +0000

Some how whining about how you have 37 billion and not spending it before but now your in a crunch is not winning any sympathy from me. And you want to bet they’ll raise tuition even more to keep the money in the bank they aren’t even using? Oh cry me a river about how they will only have 26 billion sitting around. I’d love to have 26 thousand sitting around, pay for a couple of years student loans.

By: JohnMG

JohnMG — Wed, 12 Nov 2008 02:33:54 +0000

….”And they can’t even be in Skull & Bones…..”

What a deft stroke, Colonel. But as far as I can tell, a lot of their graduates are “well endowed”. Just look at some of the Harvard graduates and I’m sure you’ll find some of the biggest p***ks you’ve ever seen.

By: crosspatch

crosspatch — Wed, 12 Nov 2008 02:27:32 +0000

Makes one wonder what the purpose of an endowment is if not to use it for something. It seems they simply want to grow it larger and larger. There is probably some prestige among such institutions over how well endowed they are. Maybe women should run those schools.

By: Colonel1961

Colonel1961 — Tue, 11 Nov 2008 20:49:58 +0000

I guess they could spend some of the principle? Or raise tuition. I dare say that only twenty percent of the student body could rationalize the net present value of their expenditure…

And they can’t even be in Skull & Bones!

By: crosspatch

crosspatch — Tue, 11 Nov 2008 20:06:45 +0000

Colleges are going to be in a world of hurt. A lot of college tuitions were paid for with home equity loans. A lot of that home equity is gone in areas hardest hit (which previously were areas with the most appreciation-based equity).

Still, I am not all that impressed with Harvard complaining they have lost 13 percent of their $37 BILLION dollars. With money like that, why the heck are they even charging tuition? Oh yeah, to keep out the riff-raff. I forgot.

By: Liberals Demise

Liberals Demise — Tue, 11 Nov 2008 19:35:18 +0000

Overpaid Left weenie commie professors looking for a hand out from Uncle Sugar? Yes we have no bananas!!! Choke and puke, Oh bastion of Lawyers!!

By: pinandpuller

pinandpuller — Tue, 11 Nov 2008 19:24:42 +0000

Blah blah blah…time to send out fund raising letters.

By: Sharps Rifle

Sharps Rifle — Tue, 11 Nov 2008 19:02:41 +0000

Boo-frickin’-hoo. Let them ask the CPUSA for money since their curriculum is right out of Marx. If they ever provided a real education to REAL students, and not just to trust-fund babies and affirmative action admissions, I might think differently. As it is, let Harvard fall…and good riddance.

By: Anonymoose

Anonymoose — Tue, 11 Nov 2008 18:57:24 +0000

My first thought is—-so what what else is new? Universities have been stuck for a couple of decades now in financial doldrums where the tuition keeps going up but somehow they’re so broke they can barely pay their staff. Hiring freezes, wage cuts/caps, it’s all par for the course.

By: proreason

proreason — Tue, 11 Nov 2008 18:57:11 +0000

Tuition is going up $4K as soon as the Obamy Brownshirts program kicks into gear.

Courtesy of the taxpayers.

That’ll hold em until the higher education bailout.