{"id":134924,"date":"2017-10-04T15:23:51","date_gmt":"2017-10-04T21:23:51","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/?p=134924"},"modified":"2017-10-05T08:11:26","modified_gmt":"2017-10-05T14:11:26","slug":"costly-colleges-engrossed-endowments","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2017\/10\/04\/costly-colleges-engrossed-endowments.html","title":{"rendered":"Costly colleges and engrossed endowments"},"content":{"rendered":"<p>As someone growing ever-more-aware of the cost of an undergraduate education at a high-class liberal arts school, this article struck home. [1]<\/p>\n<p>I honestly feel less outraged by these top schools maintaining massive endowment funds of cash, than that they do so (or grow them) based on oodles of tax breaks from the government for both themselves and their donors. I&#8217;m not big on mandating institutional behavior and investments as some of the legislative actions describe, but tying some of those tax breaks to public policy-worthy behaviors doesn&#8217;t seem beyond the pale.<\/p>\n<p>That said, I do worry a bit that upset from both sides of the aisle about the problem, though, could spill into more generalized critique of and disdain for higher education as a whole. We&#8217;re in a populist era where &#8220;elite&#8221; has become not just a dirty word but something to be actively stomped on [2]. That&#8217;s troubling, too.<\/p>\n<p>&#8212;&#8212;<\/p>\n<p>[1] <span class=\"proflinkWrapper\"><span class=\"proflinkPrefix\">+<\/span><a class=\"proflink\" href=\"https:\/\/plus.google.com\/103453067516847485667\">Kay Hill<\/a><\/span> isn&#8217;t planning on attending any of the schools mentioned here, but the small liberal arts schools she is focused in on aren&#8217;t hurting for money at the moment, either, whereas I anticipate I, as a college-paying dad, will be soon.<br \/>\n[2] Or a word to be directed at institutions that some of those in power don&#8217;t care for, deflecting from those elite powerful themselves. But I digress.<\/p>\n<blockquote class=\"sm2wp\"><p><a style=\"display: inline;\" href=\"https:\/\/www.theatlantic.com\/education\/archive\/2017\/10\/the-bipartisan-push-for-college-endowment-reform\/541140\/?utm_source=atlgp\"><br \/>\n<img decoding=\"async\" style=\"max-width: 650px;\" src=\"https:\/\/lh3.googleusercontent.com\/proxy\/8iA8fkcvO4WW5KIq5Ui6RIbpfhB-Rsnix4T6vkr451pVgWWhI2Lcper0n5wPGpk9hUfNhtG03SCgTdmfFcOgWa6ziDuaJPRjDHCqCwa6F3qCYNPKecI5CTUM23ja-cTKAlsYHGsRIpwa6bn5nC16vg=w506-h910\" border=\"0\" \/><br \/>\n<\/a><br \/>\n<span style=\"font-size: large;\"><a href=\"https:\/\/www.theatlantic.com\/education\/archive\/2017\/10\/the-bipartisan-push-for-college-endowment-reform\/541140\/?utm_source=atlgp\">The Bipartisan Quest for College-Endowment Reform &#8211; The Atlantic<\/a><\/span><br \/>\nLiberals and conservatives alike are taking action against inequalities in higher-education finances.<\/p><\/blockquote>\n<p><span style=\"font-size: small;\"><a href=\"https:\/\/plus.google.com\/+DaveHill47\/posts\/aE38DbBRScM\">View on Google+<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As someone growing ever-more-aware of the cost of an undergraduate education at a high-class liberal arts school, this article struck home. [1] I honestly feel less outraged by these top schools maintaining massive endowment funds of cash, than that they do so (or grow them) based on oodles of tax breaks from the government for &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2017\/10\/04\/costly-colleges-engrossed-endowments.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Costly colleges and engrossed endowments&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":134942,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,35,528,46],"tags":[],"class_list":["post-134924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-plusposts","category-big-business","category-economic-justice","category-school-daze"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2017\/10\/unnamed-3.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":23591,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/11\/09\/now-we-know-why-the-rich-need-more-tax-breaks.html","url_meta":{"origin":134924,"position":0},"title":"Now we know why the rich need more tax breaks","author":"***Dave","date":"Wed 9-Nov-11 9:20pm","format":false,"excerpt":"... so that they can afford more astonishingly overpriced sex toys. No, really. I mean, you can only buy so many yachts and corporate jets, right?(Um ... Not Safe for Work.) #ddtb Embedded Link 14 'Luxury' Sex Toys for the Extremely Rich and Creepy Some rich people apparently can't stand\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28910,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/08\/13\/the-fiendishly-clever-romney-tax-plan.html","url_meta":{"origin":134924,"position":1},"title":"The Fiendishly Clever Romney Tax Plan","author":"***Dave","date":"Mon 13-Aug-12 8:45am","format":false,"excerpt":"Is fiendishly clever because, aside from some platitudinous generalities, Romney refuses to discuss it. \u00a0\"Cut social programs,\" but not which ones. \"Close tax loopholes,\" but not which ones. \"Reduce taxes,\" but not which ones or by how much. So analysts are forced into guesswork -- and even there, the results\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12851,"url":"https:\/\/hill-kleerup.org\/blog\/2008\/09\/17\/colorado_ballot_initiativ.html","url_meta":{"origin":134924,"position":2},"title":"Colorado ballot initiatives","author":"***Dave","date":"Wed 17-Sep-08 11:42am","format":false,"excerpt":"BD notes the current array of ballot initiatives coming up here in Colorado this fall. I've really not paid much attention to them as yet, and don't know much beyond...","rel":"","context":"In &quot;Elections 2008&quot;","block_context":{"text":"Elections 2008","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law\/elections-2008"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135516,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/12\/04\/oops-gop-tax-bill-also-screwed-major-gop-supporters.html","url_meta":{"origin":134924,"position":3},"title":"Oops &#8212; the GOP tax bill also screwed over some major GOP supporters","author":"***Dave","date":"Mon 4-Dec-17 6:30pm","format":false,"excerpt":"In their unseemly rush to get the Senate Tax Bill passed -- rush so great that the final 400-odd page version was handed out to Senators only a few hours before the vote, including hand-written marginal notes as part of the law -- they managed to screw up their own\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2017\/12\/Mitch-McConnell.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":13602,"url":"https:\/\/hill-kleerup.org\/blog\/2008\/11\/05\/colorado_ballot_propositi-2.html","url_meta":{"origin":134924,"position":4},"title":"Colorado Ballot Propositions &#8211; Recap","author":"***Dave","date":"Wed 5-Nov-08 12:20pm","format":false,"excerpt":"For the most part, my vote \"No\" was echoed by most Colorado voters. My vote [State vote]\u00a0 * AMENDMENT 46 -\u00a0Colorado Civil Rights Initiative\u00a0- Would prohibit the state from granting...","rel":"","context":"In &quot;Elections 2008&quot;","block_context":{"text":"Elections 2008","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law\/elections-2008"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26011,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/02\/03\/pity-our-poor-oppressed-marxist-persecuted-corporations.html","url_meta":{"origin":134924,"position":5},"title":"Pity our poor, oppressed, Marxist-persecuted corporations","author":"***Dave","date":"Fri 3-Feb-12 6:07pm","format":false,"excerpt":"So ...1. Corporate tax receipts as a share of profits are at their lowest level in at least 40 years.2. Corporate profits are at a 60 year high.3. Real wages are falling.So, tell me again about how ...a. Obama is oppressing US corporations.b. Corporations can't possibly hire people because they\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/134924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=134924"}],"version-history":[{"count":1,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/134924\/revisions"}],"predecessor-version":[{"id":134943,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/134924\/revisions\/134943"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media\/134942"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=134924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=134924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=134924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}