why was Columbia U. getting $400,000,000.00 million

[Ohio Guy]

About half the people in “college” should be in a trade school.
Better for them, their families and the schools.

I agree with the sentiment, but would disagree with “about half.” The world still needs doctors, lawyers, architects, etc.

I do think some schools have been strategic about what they offer and students and families have been smarter about what they spend tuition dollars on. I don’t have a link to back this up, but I’d guess there are fewer Philosophy-type majors than there were a couple of decades ago.

 

[mcmurtry66]

There’s nothing to disagree with. I wasn’t sharing an opinion. There are pretty big strings attached to just about every dollar in an endowment and gift agreements are pretty binding.

They can be amended. A mess but can be. They also can have unrestricted donor dollars.

 

[BradStevens]

There’s nothing to disagree with. I wasn’t sharing an opinion. There are pretty big strings attached to just about every dollar in an endowment and gift agreements are pretty binding.

I'm commenting about what I think the law should be w/r/t university endowments, obviously.

 

[Ohio Guy]

They can be amended. A mess but can be. They also can have unrestricted donor dollars.

Of course, but unrestricted funds by definition aren’t part of the endowment. And changing the donor intent for endowed funds can happen, but rarely does.

Unrestricted funds are usually generated from an annual appeal and while big schools can generate a lot of money from those, they’re not raiding the kind of money they have in their endowments.

 

[snarlcakes]

I'm commenting about what I think the law should be w/r/t university endowments, obviously.

Everything is a nail to a hammer.

 

[jet812]

Schools don’t “spend” endowments. They don’t touch the principle of that money. Without jumping through some major hoops and cutting through red tape it’s illegal to tap into that. All the interest from that pays for things like endowed chairs, scholarships and other things they’ve raised money to pay for things in perpetuity.

All of that money is tied to donor wishes and agreements. And has a specific purpose tied to it. Big endowments are insane, but they’re definitely not slush funds colleges and universities could/should tap into.

I was referring to the government grants, not the endowments.🙄

 

[DANC]

Purdue remains a top tier engineering school, no doubt. And just like IU, they attract a lot of private investment dollars to utilize the educated workforce.

On tuition, you need to look a little deeper. Purdue has kept tuition steady by accepting a large percentage of international students. It’s a state university in name only at this point. It doesn’t accept that many Indiana kids anymore. That is how Purdue responded to the funding cuts from the state legislature. I for one don’t think that’s a great thing for the state.

I've known many kids over that last 10 years, at least, that have had no problem getting into Purdue. My great nephew, who lived with us, was a direct admit to their Computer Science department and he went to small farm school in Howard County.

I would like to see some statistics on your claim that Purdue doesn't accept many Indiana kids anymore.

 

[IUINSB]

I agree with the sentiment, but would disagree with “about half.” The world still needs doctors, lawyers, architects, etc.

I'll agree with doctors, architects, and etc.

 

[Cortez88]

I've known many kids over that last 10 years, at least, that have had no problem getting into Purdue. My great nephew, who lived with us, was a direct admit to their Computer Science department and he went to small farm school in Howard County.

I would like to see some statistics on your claim that Purdue doesn't accept many Indiana kids anymore.

It’s currently 46%.

Student Enrollment - Undergraduate Admissions - Purdue University

Purdue's main campus has a diverse student population from all 50 states and 115 countries.

www.admissions.purdue.edu

 

[DANC]

It’s currently 46%.

Student Enrollment - Undergraduate Admissions - Purdue University

Purdue's main campus has a diverse student population from all 50 states and 115 countries.

www.admissions.purdue.edu

International students accounted for about 1,000 our of about 11,000 freshmen this year. That doesn't sound excessive.

 

[Cortez88]

International students accounted for about 1,000 our of about 11,000 freshmen this year. That doesn't sound excessive.

International students make up about 19% of the total student body, and 43% of grad students. IMO, those are significant percentages.

The Purdue Indy campus will be interesting to see how that shakes out. Unlike IU, Purdue is treating the Indy campus as part of the flagship WL campus. They are really building there and hopefully it will have a larger percentage of in state kids.

 

[Ohio Guy]

I was referring to the government grants, not the endowments.🙄

You should have clarified you were changing the discussion because that's not what the post you replied to was talking about.

 

[Ohio Guy]

International students accounted for about 1,000 our of about 11,000 freshmen this year. That doesn't sound excessive.

I agree. It doesn't.

 

[Ohio Guy]

Purdue remains a top tier engineering school, no doubt. And just like IU, they attract a lot of private investment dollars to utilize the educated workforce.

On tuition, you need to look a little deeper. Purdue has kept tuition steady by accepting a large percentage of international students. It’s a state university in name only at this point. It doesn’t accept that many Indiana kids anymore. That is how Purdue responded to the funding cuts from the state legislature. I for one don’t think that’s a great thing for the state.

I think that's what a lot of schools are doing these days. My daughter has been accepted to Pitt, Duquesne, Kenyon, Case Western Reserve, Xavier, Dayton, Cincinnati, Ohio and Butler. She has great grades and great test scores and has been offered the opportunity to apply to honors programs at some of those places.

She was accepted to a branch campus at Ohio State. We didn't hear this from the horse's mouth (OSU admissions), but we were told that OSU has a set goal/amount of Ohio students they want to accept and bring in out of state/international kids as part of their overall recruiting strategy.

 

[rivals01]

I would like to see some statistics on your claim that Purdue doesn't accept many Indiana kids anymore.

It’s currently 46%.

1995: 74% in state undergrad
2005: 67%
2015: 52%
2024: 46%

 

[Cortez88]

1995: 74% in state undergrad
2005: 67%
2015: 52%
2024: 46%

You are better at this than I am. Good work. There is certainly a trend to find the funds from other sources.