Re:Carnegie Mellon, University of Pittsburgh end use of lega...
by kansface on Wednesday July 19, 2023 @12:38PM
(#36789237)
They could, but they make more money by keeping the clearing price unknown.
Re:Carnegie Mellon, University of Pittsburgh end use of lega...
by lotsofpulp on Wednesday July 19, 2023 @12:38PM
(#36789234)
Then your $1B is provably not a donation, and hence subject to taxes.
Re:Carnegie Mellon, University of Pittsburgh end use of lega...
by lazyasciiart on Wednesday July 19, 2023 @01:26PM
(#36790040)
It’s already not a donation if it is tied to a benefit to a specific person in your family.
Re:Carnegie Mellon, University of Pittsburgh end use of lega...
by lotsofpulp on Wednesday July 19, 2023 @01:29PM
(#36790084)
The “provably” in my comment is meant to indicate that people would actually be afraid of falsely claiming donations which are really payments to increase m chances of their kids’ admission, since they could be proven guilty of tax evasion.
The university could just offer a secondary admissions pool with a higher tuiting cost.