Comment endowments and new president (Score 1) 63
MIT has about $27 Billion in endowment money sitting in the bank. All universities in the united states have around $1 Trillion in endowments in total. I think this story has alot to do with Trump's winning, and the fact that most of these woke universities have been growing their endowments at the same time charging more and more higher rates for tuition. At the same time, they are promoting racism on their campuses. Trump announcing on November 1st [0] that they will be seizing endowments of universities that engage in this behavior is a time for reckoning for most universities. No wonder they are offering free education for anyone who makes under 200k. That's a good start, coming from an entity with $27 Billion dollars of donated money in the bank that they don't spend a dime on education for their students.