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$500k/yr spent on fundraising does not remotely sound like a stupid use of money to me?


It’s stupid because there are no alumni donations for this school. They are nowhere near breaking even and won’t because there just aren’t many alumni.

The problem is that these aren’t efficient dollars anyway. Spending $500k to net $500k is not a good return. Schools should focus on better returns, like teaching and research.


That depends on what the ROI is.




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