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Old 02-08-2012, 09:12 AM
 
Location: Los Altos Hills, CA
36,659 posts, read 67,548,962 times
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Stanford Raises $6.2-Billion, a Record for Higher Education - Finance - The Chronicle of Higher Education
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Old 02-08-2012, 11:40 AM
 
Location: Eureka CA
9,519 posts, read 14,750,953 times
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They deserve it, if for no other reason than their free-tuition policy for needy students.
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Old 02-08-2012, 04:00 PM
 
Location: A bit further north than before
1,651 posts, read 3,698,793 times
Reputation: 1465
And they just raised tuition by 3pct, which is slightly odd.
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Old 02-09-2012, 12:33 PM
 
Location: Eureka CA
9,519 posts, read 14,750,953 times
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Nothing wrong with the 1% paying more. They can afford it.
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Old 02-09-2012, 03:43 PM
 
943 posts, read 1,321,476 times
Reputation: 900
Yeah, Stanford's policy is similar to those of other prestigious universities like Harvard, Yale, etc. If you can afford it, you pay full price -- which is steep. But if you can't afford it, you pay a lot less, in many cases nothing at all. Their rule is that money should never be the reason you decide not to go there.
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Old 02-09-2012, 09:59 PM
hsw
 
2,144 posts, read 7,164,465 times
Reputation: 1540
As long as donations to any "nonprofit" like colleges are tax-deductible, colleges are just a scam subsidized by innocent taxpayers
And "donations" are just a way for wealthy to evade taxes and force other taxpayers to subsidize their "giving back" (and buying admissions to elite colleges for their kids/grandkids)
As long as feds subsidize college loans, taxpayers foot bill for absurdly priced college "education" for kids w/dubious job-relevant skills post-any college
Almost none of most productive engineers in SV are Stanford undergrad alums (lots of Stanford CS PhD dropouts and plain college dropouts)....and those who attended any college rarely ascribe their skills or career success to any college/prof....truly talented have been self-taught for past 50+yrs
If anything, tech industry innovation and wealth creation have exposed how irrelevant is concept of a costly bricks and mortar college, whether Stanford CS or some crap state engineering college (like the ones the GOOG co-founders attended)...let alone some useless lib arts college like Stanford non-Engg or Harvard, which may have been interesting as a time-killer for trust fund kids 100yrs ago, but amusingly museum like in past 25+yrs for anyone upwardly mobile seeking useful skills to be relevant in real world of lucrative industries like tech or finance or o&g...
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Old 02-12-2012, 12:13 PM
 
1,027 posts, read 1,949,780 times
Reputation: 551
Let's properly tax the rich SV "engineers" including those that came out of Stanford, especially those who made their money on worthless "internet startups" crap... and 6 billion will seem like nuthin, baby.
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