Carnegie Mellon, University of Pittsburgh end use of legacy status in admissions

Re:Carnegie Mellon, University of Pittsburgh end use of lega... by francisofascii on Wednesday July 19, 2023 @01:27PM (#36790053)

> university leadership that's choosing to make large capital expenditures

SUNY Binghamton recently received a private donation of $60 million, with a rule from the person donating it had to be spent on a new baseball stadium. Do you think the university leadership should have declined the offer?

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Re:Carnegie Mellon, University of Pittsburgh end use of lega... by pc86 on Wednesday July 19, 2023 @01:48PM (#36790381)

If it costs more than $60 million to build the stadium, sure.

What good is a $60 million donation if it costs you $100 million on something you weren't going to buy in the first place?

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Re:Carnegie Mellon, University of Pittsburgh end use of lega... by Brusco_RF on Wednesday July 19, 2023 @01:59PM (#36790549)

Because now you have a $100M stadium that you only paid $40M for. That stadium generates revenue. You just need to make sure the numbers work

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Re:Carnegie Mellon, University of Pittsburgh end use of lega... by davewashere on Wednesday July 19, 2023 @02:31PM (#36791085)

This is lower tier D1 baseball in the Northeast, so revenue is going to be minimal.

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Re:Carnegie Mellon, University of Pittsburgh end use of lega... by pc86 on Wednesday July 19, 2023 @04:48PM (#36793103)

> You just need to make sure the numbers work

The entire point of this thread is that universities aren't doing that, because they're accepting $100 million donations with quarter-billion dollar lifetime price tags tied with them.

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