"I was given a small loan from my parents, about $750K initially and then another $1MM when things got off the ground plus another $500K from friends of my dad who believed in the project, all of which I had every intention of paying back with interest ..."
Not really President's agenda but more University related.
La Salle has 37 members of the Board of Trustees.
Amazon has 11 members of their Board of Directors. Apple has 7. Microsoft has 12.
The world of Academia loves to have big boards which doesn't surprised me. Harvard has 33. Yale has 17. Princeton says they can have anywhere from 23-40.
How do schools get donor money? Annual commitment to a minimum figure and capital projects from Board members. Corporations get $$$ from shareholders/debt holders, not Board members...
I understand what you are implying but it is not great example
I thought 37 members of La Salle's BOT was a huge number. Compared the three largest Corporations by market cap and the three most "prestigious" Universities. Surprised that La Salle had more members than Apple, Amazon and Microsoft combined. I understand your point about the two being apples and oranges. Well taken. Your comments about schools getting an annual commitment from donors is also well taken.
Post by sidclassof69 on Oct 31, 2020 11:17:00 GMT -5
Maybe, just maybe , the time has come for the entire American system of higher education to stop and look at itself in the mirror.. Something is wrong. Lower attendance , high tuitions, ridiculous student loan payments, etc. IMO- the Federal Government must’ve create a committe , to find ways of saving this very important use of our nation’s best brain system. I don’t have the answers- but the future of our Nation’s best young minds is in jeopardy