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Topic	Did any of you here about that one person who donated one billion
KazGT6 02/27/24 9:26:16 PM #31:	lydiaquayle posted... One of two reasons usually: a) PR. They take the hit, but the PR that they receive more than makes up for it. Also, NYU has one of the largest healthcare systems in the city. I bet they make a lot of their money simply from the research and healthcare fees that they receive. b) Endowment gifts come with conditions. The Einstein school received $1 billion ON THE CONDITION that tuition is free. So basically, they afford it, by simply making tuition free until the endowment cash runs out of money. none of the news articles even mentioned that though. How many yrs it is expected to be free. Are you a huge fan of this gift, or are skeptical at all about it? <cite>KazGT6 posted [p:979082974] in Did any of... [t:80707482]...</cite> <quote>lydiaquayle posted... </cite><quote>One of two reasons usually:a) PR. They take the hit, but the PR that they receive more than makes up for it. Also, NYU has one of the largest healthcare systems in the city. I bet they make a lot of their money simply from the research and healthcare fees that they receive.b) Endowment gifts come with conditions. The Einstein school received $1 billion ON THE CONDITION that tuition is free. So basically, they afford it, by simply making tuition free until the endowment cash runs out of money.</quote>none of the news articles even mentioned that though. How many yrs it is expected to be free. Are you a huge fan of this gift, or are skeptical at all about it?</quote> ... Copied to Clipboard!
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