Biased Media Topic

tangplay
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Posted by cccp1014 on 1/19/2018 11:50:00 AM (view original):
Posted by tangplay on 1/19/2018 11:48:00 AM (view original):
Posted by cccp1014 on 1/19/2018 11:47:00 AM (view original):
Posted by tangplay on 1/19/2018 11:45:00 AM (view original):
Posted by cccp1014 on 1/19/2018 11:42:00 AM (view original):
Posted by tangplay on 1/19/2018 11:40:00 AM (view original):
Colleges don't even make money. Unless they are for profit.
All are for profit. Otherwise they would not exist.

"Non For Profit" is just a term for tax purposes but Non For Profits MAKE MONEY!!
Colleges don't even try to break even moneywise.
OK...LOL
Colleges lose a ton of money every day. They are not made to make money. It is pretty well-known.
LOL - OK.
So you agree with me.
1/19/2018 12:54 PM
tangplay
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Feel free to prove me wrong, but I am fairly confident that non-for profit colleges do not make money.
1/19/2018 1:08 PM
strikeout26
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Let's see. UGA has 40,000 students at about $20,000 per year. If you are losing many at a $800,000,000/year budget, I don't want you teaching my kids. That would mean that you're incompetent.
1/19/2018 1:26 PM
strikeout26
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Larger colleges definitely make money.
1/19/2018 1:27 PM
cccp1014
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Posted by tangplay on 1/19/2018 1:08:00 PM (view original):
Feel free to prove me wrong, but I am fairly confident that non-for profit colleges do not make money.
Go and look up the financial statements and tell me how they lose money. UMASS has over $2Bn is built up reserves.

I am done proving sh*t to you. Tangy, you are a troll.
1/19/2018 1:36 PM
strikeout26
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Yeah, Tang. No offense, but Saying that colleges lose money shows a pretty high level of ignorance on the subject of education.
1/19/2018 1:38 PM
tangplay
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OK fair enough. I thought I heard that somewhere. I was wrong. My bad
1/19/2018 1:39 PM
strikeout26
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No problem. I was almost wrong once. Scary moment.
1/19/2018 1:40 PM
cccp1014
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Harvard's endowment is over $37Bn.

There is "lose money" for tax purposes and there is "cash burn".

Colleges DO NOT lose cash.
1/19/2018 1:41 PM
tangplay
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OK.
1/19/2018 1:41 PM
strikeout26
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By the way, I'll be in Boston July 7-12. I'll hit you up at some point when I'm in town.
1/19/2018 1:43 PM
bad_luck
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Posted by strikeout26 on 1/19/2018 1:26:00 PM (view original):
Let's see. UGA has 40,000 students at about $20,000 per year. If you are losing many at a $800,000,000/year budget, I don't want you teaching my kids. That would mean that you're incompetent.
In 2017, the UGA system budgeted just over $8 billion in expenses and just over $5.1 billion in revenue, for a net of -$2.9 billion.
1/19/2018 1:44 PM
cccp1014
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I am away from the 7th to the 15th. Sigh....:(

1/19/2018 1:45 PM
bad_luck
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The UGA system took in additional $2.1 billion in state appropriations to help close the gap.
1/19/2018 1:48 PM
strikeout26
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Posted by bad_luck on 1/19/2018 1:44:00 PM (view original):
Posted by strikeout26 on 1/19/2018 1:26:00 PM (view original):
Let's see. UGA has 40,000 students at about $20,000 per year. If you are losing many at a $800,000,000/year budget, I don't want you teaching my kids. That would mean that you're incompetent.
In 2017, the UGA system budgeted just over $8 billion in expenses and just over $5.1 billion in revenue, for a net of -$2.9 billion.
Not sure what your source is, but I'm showing that it cost $1.7B to run the school.
1/19/2018 1:49 PM
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