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Re:Programmers of ITMO University win the ACM ICPC for the s... by wang_li on Friday May 22, 2015 @12:52PM (#9589509)
Most western universities and colleges are not for profit. They're not free, but they're heavily subsidized, directly and indirectly. Princeton for example receives $105,000 per student per year in benefits due to the fact that none of their land is taxed, nor do they pay any capital gains taxes on their investments.

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