Re:ACT Test Scores Drop to Lowest Levels in More Than 30 Years
by lupire on Sunday October 16, 2022 @07:10PM
(#33228026)
Think about how time a value like 10K*$75 to a uni with a $50B+ endowment.
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Re:ACT Test Scores Drop to Lowest Levels in More Than 30 Years
by forgetbook on Sunday October 16, 2022 @07:22PM
(#33228111)
It's the difference between a revenue stream and a sum of assets under management. The $50B isn't liquid and can't be used to distribute bonuses. The yearly $75,000 however can be distributed among admissions office admin with impunity, for the labor of accepting file uploads.