Good.They deserve this and more.

quote:

Originally posted by HRK:
With a $15B endowment they should create their own Columbia Loan Program, fund the students they bring in. There is no reason the US government should be sending these universities grant money.

As mentioned elsewhere, having a stupid amount of the grant, over 50% in many cases, allocated to “overhead” has been outrageous! I think the recent limit of 15% is both reasonable and appropriate. The schools are, of course, whining about the loss of revenue. See below

https://deliprao.substack.com/...nihs-15-overhead-cap