BigOrangeTrain
Morior Invictus
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- Jan 30, 2013
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They’re all money-grubbing, but the ones that IRS classifies as “for profit” are a totally different beast. Think about how bad a regular college is when any money they make gets reinvested into the school and imagine if instead of reinvesting, the administration just got to pocket it.All colleges are for profit colleges.
You’re right but UT has a billion dollar endowment that’s sitting in a bank, it’s not being reinvested in the school. It’s certainly not driving down tuition costs.They’re all money-grubbing, but the ones that IRS classifies as “for profit” are a totally different beast. Think about how bad a regular college is when any money they make gets reinvested into the school and imagine if instead of reinvesting, the administration just got to pocket it.
It’s at least insurance against the school totally disappearing tomorrow leaving all students high and dry though which is exactly what just happened with the school in the OP.You’re right but UT has a billion dollar endowment that’s sitting in a bank, it’s not being reinvested in the school. It’s certainly not driving down tuition costs.
I’m aware of the tax distinction, I’m saying UT (or any other school) isn’t cramming 300 students into an auditorium to learn Biology from a TA because money is tight, it’s because they’re run like a business, ie for profitAn endowment doesn’t make it for profit. St. Jude sits on a huge endowment or reserve.
No, it’s because they use freshman-level instruction to subsidize senior- and grad-level instruction and research.I’m aware of the tax distinction, I’m saying UT (or any other school) isn’t cramming 300 students into an auditorium to learn Biology from a TA because money is tight, it’s because they’re run like a business, ie for profit
There is no standard protocol, except that the NIL meeting is a discussion (officially) outside the purview of the University. In this particular instance, we adjusted our offer from the one previously discussed due to the offers made by UK and BYU. He has not signed anything nor committed to anyone, but the visit went as well as it could go. Barnes and ZZ told Lanier he was a necessary part of a team that could win a championship with him. It’s interesting because apparently Barnes talked a lot about team and the selfish culture we live in, and quoted a Bible verse about that. I think Lanier and his mom are exhausted after all the hoopla and travel. Everyone involved said the last meeting with Barnes went very well, and was emotional. After the meeting, Lanier posted the verse. Nothing is guaranteed in recruiting, but I think the coaches will be very surprised if he isn’t a Vol by the weekend. I can probably share more about the twists and turns after this is over.@Stoerner Fumbles or anyone else who may be genuinely in the know, I want to try and phrase this in a way you may be at liberty to answer. Basilio and perhaps others reported today that Lanier and his family were actively meeting with Spyre. I don’t know that this was confirmed anywhere, but if true, do recruits and their agents sometimes meet directly with a collective as part of a negotiation process, prior to a commitment decision being made? Or would such a meeting take place only to sign papers/finalize an agreement that has already been reached in principle? This probably reflects some lack of familiarity on my part with the process. At any rate I hope I asked the question clearly enough. Just a curiosity that came to me after Basilio’s reporting today.
P.S. I know it probably doesn’t require an insider to answer what is essentially a rule book question, but you certainly seem to know whereof you speak, so.
Naw, in this instance according to the MAJORITY of posts I have read it ALSO coincidentally stands for Totally Bull. I have no position, since I have maybe an hour of airtime invested in my lifetime. Not a believer or unbeliever until I am and don’t see the time investment in my future unless a new trend analysis indicates a need.Tom Brady?
I’m aware of the tax distinction, I’m saying UT (or any other school) isn’t cramming 300 students into an auditorium to learn Biology from a TA because money is tight, it’s because they’re run like a business, ie for profit