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by barrkel 3306 days ago
This is of course self-reinforcing. The reason they want lots of donations from alumni is because it increases profits. But they can only get those donations if the alumni have very fond memories of college. Thus they need to spend donated money on making students feel like they're part of something special, something they'd want to contribute back to. And that increases costs further.

(I went to a humble college, got a degree that doesn't do much more than tick boxes on job or visa applications, and enhanced it with self-study to get an effective education. I feel no obligation to send donations back to my college.)

1 comments

I have no inclination to donate back to the university I attended since I paid more than enough in tuition. Also, as an out of state student at the time, the tuition and fees I paid was used, in part, to subsidize in state student costs.