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Originally Posted by NC_Skins
Yes and No. You couldn't put it into anything of high risk that could end up collapsing like many people's 401ks did these past few years.
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Obv. You'd mix in the appropriate proportion of stocks, bonds, commercial paper and other short term investments. No unnecessary risks, but no unnecessary conservatism either.
Quote:
Originally Posted by NC_Skins
Not sure where you get this from. I think you've seen a couple of instances and have decided all universities are doing this. I work for a division I university and I can assure you that there isn't anything like this that you are speaking of. (or any other unnecessary bells and whistles)
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Both universities I attended (one undergraduate the other graduate) built these amazing business school buildings in the last five years. Mock stock trading floors, a real stock ticker (same size you see on the floor of NYSE). It's a trend amongst business schools fostered by a keeping up with the Jones's mentality. Wharton was one of the first to have it, so of course the others felt the need to follow suit.
My graduate school (and employer) also just built this insanely beautiful new building for the medical school. Absolutely gorgeous. I just question the need for it.
You clearly don't think investments in plant & equipment are responsible for the growth in college costs. I ask you then, if that's not the cause, what is?