this post was submitted on 19 Dec 2023
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On the other hand if most of your school's money is in some investment firm, instead of invested in the wellbeing and learning of your employees and students. And you have a investor as the person with the highest salary.
Then your "school" is more of a financial institution than a school. And probably should be taxed as such.
Looking at you, Harvard: https://www.reuters.com/world/us/harvard-posts-investment-gain-fiscal-2023-endowment-stands-507-billion-2023-10-20/
Exceptions will be made if having a behind-the-scenes money fountain means tuition is basically free.
Still looking at you, Harvard.
I guess we'll just ignore the tuitions and such they pay for.