[jjmarr]

Allegedly most of them, since they have non-profit mandates and are often tax-exempt.

The University of Staffordshire is a public university and is funded by the government to provide education to British people. Its mandate isn't "about cashflow".

In reality, that particular school created a private commercial subsidiary called "Staffordshire University Services". All new employees are hired by that subsidiary, which does have a mandate to generate cashflow.

[j45]

Cash flow and profit do not have to be the same thing.