/sci/ - Science & Math » Thread #11932906

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Anonymous Fri 24 Jul 07:41:13 2020 No.11932906 View Reply Original Report

Quoted By: >>11932912 >>11932924

Are universities not just giant Ponzi schemes now?
>spend a shitload of cash on usesss vanity projects to attract rich foreign students whilst home students are forced to take double digit interest rate private loans
How is this sustainable?
https://www.ineteconomics.org/perspectives/blog/are-american-colleges-and-universities-the-next-covid-casualties

Anonymous

Anonymous Fri 24 Jul 2020 07:43:33 No.11932912 Report

Quoted By: >>11932916

>>11932906
Foreign students pay shit loads of money. They make up for any lost with advertising. If anything they help “home students” by giving the colleges lots of money.

Anonymous

Anonymous Fri 24 Jul 2020 07:45:04 No.11932916 Report

Quoted By:

>>11932912
But those home students are being increasing enrolled less, not only because there's fewer spaces but because the costs are enormous.

Anonymous

Anonymous Fri 24 Jul 2020 07:49:07 No.11932924 Report

Quoted By: >>11933086

>>11932906
Universities aren't ponzi schemes because of access to closed-access journals and other exclusive things like that. Also the structure it provides.

Anonymous

Anonymous Fri 24 Jul 2020 09:28:49 No.11933086 Report

Quoted By:

>>11932924
>access to closed-access journals and other exclusive things

Wow

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