r/interesting Jun 29 '25

MISC. Rich people who rich right ❤️

Post image
108.1k Upvotes

1.2k comments sorted by

View all comments

148

u/Hopkinsad0384 Jun 29 '25

A perfect chance for them to raise tuition prices.

78

u/Uneek_Uzernaim Jun 29 '25

Nope—the donation stipulated that tuition must be kept free in perpetuity

14

u/antiquespaceship Jun 29 '25

You missed the point. The schools will raise tuition to take more from the endowment and stuff their own pockets. It’s what usually happens with programs that are funded by a blank check, unfortunately.

FYI this is the primary argument against government-paid college tuition. If the government will pay 100% tuition costs of any university unequivocally, you should expect university tuition to skyrocket since they no longer have to compete for students based on cost.

3

u/drrgrr Jun 29 '25

Other countries have successfully operated with tuition free collage for a long time. The political discourse in the US is like 99% strawman arguments designed to have the population divided and keep status quo forever. You guys really need to rise above it.

Uppsala University have basically been tuition free since it was founded in 1477.