cdsfrog
Active Member
I agree that TCU’s endowment is going to have to more then triple to get to the point where we can have need blind admissions. That’s why I’m cool with them increasing tuition prices to the maximum amount the market can bear without hurting our academics.
TCU’s infrastructure has been transformed by over a billion dollars of construction over the last 10-15 years. The results have been fantastic. Now we have to use this momentum to grow the endowment so TCU can sustain its upward trajectory. We use the momentum by charging more in tuition than merely covering costs, and we take the extra money and put it into growing the endowment. The only other way to grow the endowment is through donations, and there’s no reason we shouldn’t do both.
I think we agree on the basic problem with TCU (not enough endowment to cover all cost, which means we have to rely on tuition dollars to keep the doors open). So I don’t understand why you suggest tuition rates rising is a bad thing. It’s part of a long-term solution to the problem.
Because the endowment was 1.47 billion 51 months ago. Where is it now? Rising tuition to reach an endowment of 4.5 billion not including inflation would take 40+ years. So possibly in the future when Im dead it might help future middle class...maybe.
Plus it sucks for the demographics. Still will be SMU in a few years, not what I wanted to see. Oh well.
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