Re:Colleges where everyone works and there's no tuition
by ModernMech on Monday May 09, 2022 @08:49AM
(#31313420)
> I mean I get that (not that a bank isn't a financial instrument...) but to what ends?
Tenure means a guaranteed job for life, and the university needs the money to guarantee it. The position exists even if there aren’t sufficient student or research grants to fund it.
Harvard is a bad example to use here because they are so massive. Other schools aren’t situated as well. And yea the endowments have taken a life of their own but tenure is a part of why they exist.
Tenure means a guaranteed job for life, and the university needs the money to guarantee it. The position exists even if there aren’t sufficient student or research grants to fund it.
Harvard is a bad example to use here because they are so massive. Other schools aren’t situated as well. And yea the endowments have taken a life of their own but tenure is a part of why they exist.