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> but you don't get a say on how the university is managed.

Depends on how big and important of a donor you are. If you are a billionaire donor, not only do you have a say in how the university is managed, you have a say on who does the managing.

> You can at best say you will no longer donate based on how the university is managed.

Tell that to the former presidents of harvard, upenn, etc.




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