No, they're basically institutions run for the benefit of their administrators first and foremost.
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Secondly they're run to promote the administrators' moral values, which are not in the public interest.
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I'm worse than you. I once thought they were meant to educate.
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Right. I realized otherwise first when I noticed the skyrocketing tuition--these were not run for the benefit of students.
@AliceTeller
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@Ricky_Vaughn99 Now universities are just a scam to achieve credit growth on the backs of the naive young.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Do not underestimate how much funding comes from overseas + how much endowment is tied up in foreign investment.
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Depends on what variance you're trying to explain. Compared to Sub-Saharan "universities"? But yeah, the illusion hurts as it lifts
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