Originally posted by TheBigCat2192
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For as much as I like to discuss politics, I think at this point we should refrain from doing so. This one really rubs me the wrong way. What you are alluding to is un-American, an act of an authoritarian regime, and suppression of free speech as laid out in the 1st Amendment.
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What if I told you everyday Americans have the same feelings. Still punish them? Everyday is starting to feel like a bad sequel to what we didn't learn about the Cold War, except this time we have a POTUS giving the Russian leader a rimjobOriginally posted by TheBigCat2192 View Post
They could get their funding back by not importing third-world rabble-rousers whose values don’t align with America’s to fill their student slots. It’s really that simple.
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They could get their funding back by not importing third-world rabble-rousers whose values don’t align with America’s to fill their student slots. It’s really that simple.Originally posted by Ship69 View Post
The feds have a lot bigger endowment than any university. And by supporting research they can direct its objectives in a cohesive manner (at least as long as they actually have an HHS department).
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The feds have a lot bigger endowment than any university. And by supporting research they can direct its objectives in a cohesive manner (at least as long as they actually have an HHS department).Originally posted by TheBigCat2192 View Post
Columbia has a monster endowment. They can fund several lifetimes worth of research without government dollars from that if it’s so important.
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A lot of donations work that way. My church is not in great financial shape, but we have a couple of thousand dollars sitting in a flower fund that can only be used for flowers for the altar. A lot of the time, we simply use flowers people bring in from their gardens, so the money just sits there.Originally posted by Fightingscot82 View Post
That's not how endowments work. If I donate $50M to Bloomsburg to create scholarships for students from Central Columbia High School, they invest my $50M into their portfolio of conservatively invested funds. It is extremely rare for large donations toward any endowment to be unrestricted, meaning the university can spend as they see fit. Anything outside of the gift agreement (usually a 5-7 page contract), usually must be approved by the donor. They pull 4% from the invested funds (usually covered by interest) and that's what is given out, so $40k for ever $1M invested.
For example, in 2023 Columbia received a $175M donation from an alumni couple. According to the news release, "the university will direct $125 million to an endowment funding PhD students and researchers at the start of their careers to enable greater freedom in their research." Maybe they could sell the change to the donors to cover the grant losses, but unlikely.
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Grove City has always had some good connections. Their politics help endear them to many. Its not for me, but its a good school (if you're a conservative, white, Christian, heterosexual man).Originally posted by Bart View Post
I see Grove City got $70 million. https://www.alliednews.com/news/grov...0ab738fb1.html
Thank you for thinking about us at Bloom.
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But everyone was so excited at the rally at the KCAC…….everything was going to be great again on Day 1.Originally posted by Fightingscot82 View Post
Coming off of St Francis making the March madness tournament should go over well with all of their 600 fans in Loretto.
Between the new NLI rulings and the fed reneging on billions in research funds, some schools who have never really had to worry about money are suddenly crapping their pants. University of Pittsburgh could have as much as a $175M budget hole for next year. They've frozen all hiring, are consolidating classes for the summer & fall anticipating not replacing some professors, and are asking every department to not spend anything unnecessary until further notice. This is also before the looming drop off in high school students in the Northeast that has no end in sight, especially with the current feelings toward immigration (the only other short term way to hold the line on population).
This could implode the NEC, MAAC, and Big South.
We told ya so.
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When I think of the northeast, I would think of Mercyhurst and some of those ne10 teams. I guess the grass wasn’t greener. But, if day Mercyhurst tries to move down, what conference would take them? I hope the PSAC says no
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I see Grove City got $70 million. https://www.alliednews.com/news/grov...0ab738fb1.htmlOriginally posted by Fightingscot82 View Post
That's not how endowments work. If I donate $50M to Bloomsburg to create scholarships for students from Central Columbia High School, they invest my $50M into their portfolio of conservatively invested funds. It is extremely rare for large donations toward any endowment to be unrestricted, meaning the university can spend as they see fit. Anything outside of the gift agreement (usually a 5-7 page contract), usually must be approved by the donor. They pull 4% from the invested funds (usually covered by interest) and that's what is given out, so $40k for ever $1M invested.
For example, in 2023 Columbia received a $175M donation from an alumni couple. According to the news release, "the university will direct $125 million to an endowment funding PhD students and researchers at the start of their careers to enable greater freedom in their research." Maybe they could sell the change to the donors to cover the grant losses, but unlikely.
Thank you for thinking about us at Bloom.
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That's not how endowments work. If I donate $50M to Bloomsburg to create scholarships for students from Central Columbia High School, they invest my $50M into their portfolio of conservatively invested funds. It is extremely rare for large donations toward any endowment to be unrestricted, meaning the university can spend as they see fit. Anything outside of the gift agreement (usually a 5-7 page contract), usually must be approved by the donor. They pull 4% from the invested funds (usually covered by interest) and that's what is given out, so $40k for ever $1M invested.Originally posted by TheBigCat2192 View Post
Columbia has a monster endowment. They can fund several lifetimes worth of research without government dollars from that if it’s so important.
For example, in 2023 Columbia received a $175M donation from an alumni couple. According to the news release, "the university will direct $125 million to an endowment funding PhD students and researchers at the start of their careers to enable greater freedom in their research." Maybe they could sell the change to the donors to cover the grant losses, but unlikely.
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I was careful not to say “never” for exactly the reasons you laid out. I still don’t think they’d be in a rush to re-invite Hurst with open arms today though.Originally posted by IUPbigINDIANS View Post
Never say never. Things change. Administrations change. Time heals.
Would the PSAC take them back tomorrow? I don't know. Perhaps they would with a 10-year contract (or something along those lines).
The West is still short a football team. Keep that in mind.
The GMAC would be the obvious choice outside of the PSAC.
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Originally posted by TheBigCat2192 View Post
Mercyhurst would almost certainly not be welcome back here if the NEC collapsed and they had to drop back down so where would they go? NE-10? MEC?
Never say never. Things change. Administrations change. Time heals.
Would the PSAC take them back tomorrow? I don't know. Perhaps they would with a 10-year contract (or something along those lines).
The West is still short a football team. Keep that in mind.
The GMAC would be the obvious choice outside of the PSAC.
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Columbia has a monster endowment. They can fund several lifetimes worth of research without government dollars from that if it’s so important.Originally posted by Fightingscot82 View Post
That's a great point. This article has a tool to search the federal research that is now paused due to this administration freezing $400 million in federal research funding to Columbia because there were rough pro-Palestine demonstrations there. The number of cancer and terminal illness research projects now in jeopardy should be concerning - these projects aren't necessarily competitive, so its not like Columbia's loss is Stanford's gain.
https://www.chronicle.com/article/tr...rom-columbia-u
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That's a great point. This article has a tool to search the federal research that is now paused due to this administration freezing $400 million in federal research funding to Columbia because there were rough pro-Palestine demonstrations there. The number of cancer and terminal illness research projects now in jeopardy should be concerning - these projects aren't necessarily competitive, so its not like Columbia's loss is Stanford's gain.Originally posted by Ship69 View Post
Wherever anyone is on the political spectrum, cutting the research funding at some of these universities is insane. What technological leads we actually have these days are largely due to the amount this country has spent on R&D. China has got to be loving the last few weeks.
https://www.chronicle.com/article/tr...rom-columbia-u
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Wherever anyone is on the political spectrum, cutting the research funding at some of these universities is insane. What technological leads we actually have these days are largely due to the amount this country has spent on R&D. China has got to be loving the last few weeks.Originally posted by Fightingscot82 View Post
Coming off of St Francis making the March madness tournament should go over well with all of their 600 fans in Loretto.
Between the new NLI rulings and the fed reneging on billions in research funds, some schools who have never really had to worry about money are suddenly crapping their pants. University of Pittsburgh could have as much as a $175M budget hole for next year. They've frozen all hiring, are consolidating classes for the summer & fall anticipating not replacing some professors, and are asking every department to not spend anything unnecessary until further notice. This is also before the looming drop off in high school students in the Northeast that has no end in sight, especially with the current feelings toward immigration (the only other short term way to hold the line on population).
This could implode the NEC, MAAC, and Big South.
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