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University of Michigan to invest $300M in socially responsible companies

Debate and discussion of current events and political issues in the State of Michigan. Be forewarned -- this forum is NOT for the intellectually weak or those of you with thin skins. Don't come crying to me if you become the subject of ridicule. **Board Administrator reserves the right to revoke posting privileges based on my sole discretion**
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Graham Wellington
Posts: 879
Joined: Fri Dec 21, 2018 4:48 pm

University of Michigan to invest $300M in socially responsible companies

Unread post by Graham Wellington »

https://www.freep.com/story/news/educat ... 656357007/

Seems if a college has so much short term working capital on hand that they can invest 300 million, they should instead invest in lowering tuition or provide scholarships.
User avatar
TC Talks
Posts: 12151
Joined: Wed Oct 26, 2005 2:41 am

Re: University of Michigan to invest $300M in socially responsible companies

Unread post by TC Talks »

Graham Wellington wrote: Thu Nov 17, 2022 12:41 pm https://www.freep.com/story/news/educat ... 656357007/

Seems if a college has so much short term working capital on hand that they can invest 300 million, they should instead invest in lowering tuition or provide scholarships.
UofM has the third lowest tuition in the state, and if you get in and can't afford it, they will subsidize your tuition. They have more money in endowment than our state.

Any questions?
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18

Posting Content © 2024 TC Talks Holdings LP.
User avatar
audiophile
Posts: 9321
Joined: Sat Dec 04, 2004 9:21 pm
Location: Between 88 and 108 MHz.

Re: University of Michigan to invest $300M in socially responsible companies

Unread post by audiophile »

I do not find it appropriate for them to invest in specific for-profit companies,

I think investing in local banks is fine as long as the principal is FDIC insured.
Ask not what your country can do FOR you; ask what they are about to do TO YOU!!
Matt
Posts: 11634
Joined: Mon Dec 06, 2004 12:18 pm
Location: Home of the National Champions

Re: University of Michigan to invest $300M in socially responsible companies

Unread post by Matt »

audiophile wrote: Thu Nov 17, 2022 6:00 pm I do not find it appropriate for them to invest in specific for-profit companies,

I think investing in local banks is fine as long as the principal is FDIC insured.
What the fuck do you think an endowment is?
248 years was a pretty good run
Graham Wellington
Posts: 879
Joined: Fri Dec 21, 2018 4:48 pm

Re: University of Michigan to invest $300M in socially responsible companies

Unread post by Graham Wellington »

TC Talks wrote: Thu Nov 17, 2022 4:08 pm
Graham Wellington wrote: Thu Nov 17, 2022 12:41 pm https://www.freep.com/story/news/educat ... 656357007/

Seems if a college has so much short term working capital on hand that they can invest 300 million, they should instead invest in lowering tuition or provide scholarships.
UofM has the third lowest tuition in the state, and if you get in and can't afford it, they will subsidize your tuition. They have more money in endowment than our state.

Any questions?
Yes I do. What is your source that states UofM's tuition is the third lowest in the state?

https://www.collegecalc.org/lists/michi ... /?start=21

https://www.forbes.com/sites/andrewdepi ... ce5d0f4f52

https://blog.collegevine.com/cheapest-c ... -michigan/
User avatar
TC Talks
Posts: 12151
Joined: Wed Oct 26, 2005 2:41 am

Re: University of Michigan to invest $300M in socially responsible companies

Unread post by TC Talks »

Graham Wellington wrote: Thu Nov 17, 2022 7:44 pm
TC Talks wrote: Thu Nov 17, 2022 4:08 pm
Graham Wellington wrote: Thu Nov 17, 2022 12:41 pm https://www.freep.com/story/news/educat ... 656357007/

Seems if a college has so much short term working capital on hand that they can invest 300 million, they should instead invest in lowering tuition or provide scholarships.
UofM has the third lowest tuition in the state, and if you get in and can't afford it, they will subsidize your tuition. They have more money in endowment than our state.

Any questions?
Yes I do. What is your source that states UofM's tuition is the third lowest in the state?

https://www.collegecalc.org/lists/michi ... /?start=21

https://www.forbes.com/sites/andrewdepi ... ce5d0f4f52

https://blog.collegevine.com/cheapest-c ... -michigan/
Using your own data, UofM ranks;
Lowest (Flint is 40)
4th Lowest (Dearborn is 36)
10th Lowest (Ann Arbor is 30)

I'll let you do the rest of the math but if you're going to be snarky, be sure you're correct.
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18

Posting Content © 2024 TC Talks Holdings LP.
Matt
Posts: 11634
Joined: Mon Dec 06, 2004 12:18 pm
Location: Home of the National Champions

Re: University of Michigan to invest $300M in socially responsible companies

Unread post by Matt »

Graham Wellington wrote: Thu Nov 17, 2022 7:44 pm
TC Talks wrote: Thu Nov 17, 2022 4:08 pm
Graham Wellington wrote: Thu Nov 17, 2022 12:41 pm https://www.freep.com/story/news/educat ... 656357007/

Seems if a college has so much short term working capital on hand that they can invest 300 million, they should instead invest in lowering tuition or provide scholarships.
UofM has the third lowest tuition in the state, and if you get in and can't afford it, they will subsidize your tuition. They have more money in endowment than our state.

Any questions?
Yes I do. What is your source that states UofM's tuition is the third lowest in the state?

https://www.collegecalc.org/lists/michi ... /?start=21

https://www.forbes.com/sites/andrewdepi ... ce5d0f4f52

https://blog.collegevine.com/cheapest-c ... -michigan/
Michigan has done exceptionally well with the in-state population: https://goblueguarantee.umich.edu/ann-arbor/
248 years was a pretty good run
User avatar
TC Talks
Posts: 12151
Joined: Wed Oct 26, 2005 2:41 am

Re: University of Michigan to invest $300M in socially responsible companies

Unread post by TC Talks »

Matt wrote: Thu Nov 17, 2022 8:00 pm
Graham Wellington wrote: Thu Nov 17, 2022 7:44 pm
TC Talks wrote: Thu Nov 17, 2022 4:08 pm
Graham Wellington wrote: Thu Nov 17, 2022 12:41 pm https://www.freep.com/story/news/educat ... 656357007/

Seems if a college has so much short term working capital on hand that they can invest 300 million, they should instead invest in lowering tuition or provide scholarships.
UofM has the third lowest tuition in the state, and if you get in and can't afford it, they will subsidize your tuition. They have more money in endowment than our state.

Any questions?
Yes I do. What is your source that states UofM's tuition is the third lowest in the state?

https://www.collegecalc.org/lists/michi ... /?start=21

https://www.forbes.com/sites/andrewdepi ... ce5d0f4f52

https://blog.collegevine.com/cheapest-c ... -michigan/
Michigan has done exceptionally well with the in-state population: https://goblueguarantee.umich.edu/ann-arbor/
Beef Wellington probably didn't go to college and doesn't understand how awesome UofM has been.
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18

Posting Content © 2024 TC Talks Holdings LP.
Graham Wellington
Posts: 879
Joined: Fri Dec 21, 2018 4:48 pm

Re: University of Michigan to invest $300M in socially responsible companies

Unread post by Graham Wellington »

TC Talks wrote: Thu Nov 17, 2022 8:04 pm
Matt wrote: Thu Nov 17, 2022 8:00 pm
Graham Wellington wrote: Thu Nov 17, 2022 7:44 pm
TC Talks wrote: Thu Nov 17, 2022 4:08 pm
Graham Wellington wrote: Thu Nov 17, 2022 12:41 pm https://www.freep.com/story/news/educat ... 656357007/

Seems if a college has so much short term working capital on hand that they can invest 300 million, they should instead invest in lowering tuition or provide scholarships.
UofM has the third lowest tuition in the state, and if you get in and can't afford it, they will subsidize your tuition. They have more money in endowment than our state.

Any questions?
Yes I do. What is your source that states UofM's tuition is the third lowest in the state?

https://www.collegecalc.org/lists/michi ... /?start=21

https://www.forbes.com/sites/andrewdepi ... ce5d0f4f52

https://blog.collegevine.com/cheapest-c ... -michigan/
Michigan has done exceptionally well with the in-state population: https://goblueguarantee.umich.edu/ann-arbor/
Beef Wellington probably didn't go to college and doesn't understand how awesome UofM has been.
Translation: "Ol' Beef called me out for my bullshit, made up stat. Therefore, I must deflect by resorting to insults"

It's OK TC. I forgive you. We shouldn't lie though. We should use facts and truth. You've learned a valuable lesson tonight. Now go brush your teeth and I'll tuck you in.
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