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Why are they so focused on that? It seems like a great way to drive a school into the ground.


because the people controlling those endowments make tens of millions off of kickbacks and care a lot more about that than the school. additionally, all schools are operating in the same shitty way, they're all getting expensive and shitty and degrees are fairly non-optional for a lot of career paths so it's a captive market


Honest graft.

Awards and recognition for leaders. Where ethics rules are loose, fancy trips and steak dinners, etc.


It's just so easy to track money as a measurement of success, all the other goals are too intangible that they tend to get left behind




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