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by naveen99
1084 days ago
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They should just increase the price of admission for non merit based spots. but the universities want to take the money as a “donation” instead of cost of goods, so the parents can save on taxes as well and donate twice as much. maybe tuition should be tax deductible for everyone instead. |
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Bribery of congressmen (a.k.a lobbying) or university deans (ALDC admissions) are forms of legal corruptions. You might argue that a private institution can do whatever it wants, and I agree. But in this case it should get 0 tax benefits/subsidies, esp. when they have $B+ endowments.