They're the Crazy Eddie's of education -- prices so low they must be in-sane!
Last week, the Daily Caller reported that Harvard is "worried" that their hard pro-terrorist/anti-Jewish stance might just possibly cost them money from donors.
Harvard University is concerned about losing more donors after its response to the Israel-Hamas conflict, according to The Harvard Crimson.
Many donors publicly cut ties with Harvard and condemned the university following its response to the Oct. 7 Hamas terrorist attacks on Israel that killed over 1,400 people. Harvard gift officers, who maintain relationships with donors, are worried that the administration's response to the conflict and to concerns about antisemitism on campus may result in more donors fleeing, according to the Crimson, the student-run newspaper.
"I have talked to people in the administration of the University and I know they're concerned. Everyone's concerned about it," Kenneth G. Lipper, a former member of the Executive Committee of the Committee of University Resources, which consists of people who've donated at least $1 million to the elite school, told the Crimson.
"It's a difficult time for the president and it's a difficult time for the University," he continued.
In the face of donors closing their wallets to these terrorist institutions, Ivy League schools are forced to slash the level of bribe they take to let in the stupider children of the ultra-rich from $20 million to... $2 million.
Quite the fire sale!
Yes, I'm as shocked as you that there's an official level of bribe you have to pay to get your stupider sons into the Ivy League. I figured this was all a bit more vague. Like, if you donate $10 million, we're not saying your kid will get in, but, we will view his application favorably. Wink.
But no, they actually have a stated going rate to admit trust-fund imbeciles.
And that rate is now slashed by 90%.
Elite colleges are quietly slashing the level of donations which can secure admission as mega-donors close their checkbooks to the Ivy League over antisemitism on campus.
Their long-term practice of giving special consideration to big donors' children and grandchildren has been badly hit by a growing backlash against college leaders' failure to keep Jewish students safe.
Now, according to one college counselor, a $2 million check might be the new $20 million.
"If a billionaire has committed $50 million or $100 million a year and now they're backing out, colleges need to figure out how to fill that gap," Command Education founder Christopher Rim told The Post.
"The only way to do that is by recruiting lower amount donors."
...
"University presidents' main focus is to fundraise. It's their business. And they have to fill this gap one way or the other."
It's long been known that a donation to a school could curry favors in the admissions process.
A 2019 analysis of Harvard's admissions files by researchers at the National Bureau of Economic Research, found that an applicant on the "dean's interest list" -- often code for someone whose family donated to the school -- had a 42.2% shot of being admitted between 2009 and 2014.
By comparison, the overall admissions rate for those years hovered around 6% -- meaning interest list status translates into a seven-fold increase in odds.
Oh, okay, that's what I figured it was: It's not an automatic admission. Just getting you on to the "Dean's Interest List," which then converts to a high likelihood of getting in. But not an outright guarantee.
(Unless you donate even more, I guess.)
"It's an open secret that this is what you get because why else would somebody be donating hundreds of millions or even tens of millions of dollars to the school without wanting anything in return," Rim said.
He said the dollar value required to make a splash has been on the rise for decades.
Until recently, he said, the position of colleges would be, "$2 million is not going to get you in. To those universities, it's nothing. Maybe that could work 25 years ago, but in the past few years add a zero and maybe that's enough."
...
He predicts opportunists will rise to the occasion and start forking over a couple million in the hopes it makes a difference.
"That is what my intuition and my experience says," he explained. "A 90% discount on the current quote unquote 'rate' could be pretty compelling to a lot of these families."
Although he's often asked whether it's worth it to donate, he says no, regardless of the recent discount: "My general recommendation still is not to donate to these schools, even if the price tag is 90% cheaper."
Jewish students are now offering their public testimony about being harassed and threatened by antisemites on campus -- while the harassers are coddled and protected.
More testimony at the link.
Richard Goldberg
@rich_goldberg
There is a truly historic press conference going on right now on Capitol Hill featuring Jewish students from America's top universities sharing with the country the state of antisemitism on college campuses. The Speaker of the House is in attendance. Only Fox News taking live..
You don't say. Jake Tapper, the Jewish Hero, the David of the Modern Age, didn't bother covering it? I'm so surprised!
Congress is grilling the presidents of Harvard, MIT, and UPenn about the open antisemtic harassment they've decided to permit.
Elise Stefanik is not a good conservative, but she does a good job interrogating Harvard's president, who keeps claiming that she can't take action against those openly calling for "global intifada" against Jews -- meaning, against Jews in America, too -- because Harvard is committed to a "wide" latitude for speech, including offensive speech.
Stefanik confronts her with Harvard's dead-last ranking among campuses for protecting freedom of speech, as well as it withdrawing admission offers for students after it was discovered they shared some edgy memes while in high school (or earlier). And of firing a professor over speech Harvard didn't like.
Stefanik also asks her if speech calling for genocide against blacks is allowed at Harvard. Of course it's not, but Gay refuses to respond. She just keeps lying robotically about Harvard's absolute commitment to free speech.