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Re:I Salvaged $6k of Luxury Items Discarded by Duke Students by GuinansEyebrows on Tuesday May 27, 2025 @06:13PM (#44111110)
i wonder if universities can write off the "loss" of granting scholarships for inflated tuition rates? that said, scholarships come from all over, so if you're getting scholarships from outside the school itself, the school is getting all that money.
Re:I Salvaged $6k of Luxury Items Discarded by Duke Students by sgerenser on Tuesday May 27, 2025 @09:12PM (#44111993)
Nope theres no “write off”, universities generally aren’t for-profit and thus don’t pay income taxes. Even in the case of a for-profit enterprise, if a company foregoes income it’s just less income coming in, there’s no extra “write off” on top of (obviously) not paying taxes on the foregone income.
Re:I Salvaged $6k of Luxury Items Discarded by Duke Students by GuinansEyebrows on Tuesday May 27, 2025 @10:28PM (#44112278)
Thanks! I had no idea.