Thread by @TheTattooedProf

I know there will be scolds who lecture me about "different buckets of money" and all that, but the fact remains that institutions are getting wealthier yet faculty (and thus students) are being treated as if the university is broke. It's mission failure. dukechronicle.com/article/2021/0…

"Massive financial deficits" are not the same thing as "the returns are good but not the massive ones we wanted." This is like the owners of billion-dollar sports teams who claim crippling losses every year and cry poor when it comes to labor salaries. It's simply not true.

This reminds me of the saying (I don't call it a joke because it's kinda true) that Harvard is a hedge fund that has a side gig as a university.

And this was an oversight on my part:

https://twitter.com/dparker_CU/status/1443922380103946240?s=19