Why colleges ask for donations? I am not American.
Greed
Because they like having money? Running a university is legitimately very expensive and there’s always more to do. I think it’s more common with people who went to business school or became pro athletes, etc. They end up with very profitable careers and a fond recollection of their time in college. It’s worth it to the university to ask almost everyone just in case, because sometimes they find that one whale alum.
Running a
universityNCAA athletics program is legitimately very expensiveFTFY
Athletics is actually petty profitable, since athletes can’t be paid, so the school gets all the money for sponsorships, tickets, merch, etc.
It can actually be a problem for the schools, since athletics isn’t allowed to be profitable. They have to spend all the money athletics brings in on athletics, which is why the athletics department ends up with all the fancy new buildings.
since athletes can’t be paid,
Remind me again, what is it called when the people generating the wealth are not compensated?
It can actually be a problem for the schools, since athletics isn’t allowed to be profitable. They have to spend all the money athletics brings in on athletics, which is why the athletics department ends up with all the fancy new buildings.
Ah yes, that sounds like a great benefit for students getting an education. Also for the academic staff. Must be great to work at a university as a lecturer and know the football coach earns multiples of your salary.
