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<blockquote data-quote="Vespidae" data-source="post: 261748" data-attributes="member: 2957"><p>If you think a school is built on tuition, you are sadly mistaken with how higher level education works. </p><p></p><p>Most BS programs break even. The big money is in graduate programs and corporate work. And if you don't have happy alumni who want to book your high margin corporate work, you're not going to go very far. </p><p></p><p>Tech does very well because there are a LOT of alumni in key positions kicking them R&D grants and corporate education work. That's a winning model.</p><p></p><p>And re schools that didn't exist 50 year ago, yes some of them have launched Division 1 football. But I didn't say that. They have built winning baseball, basketball, and other sports programs. Starting from zero. With far less alumni. (Based on their success, they launched Div 1 football.)</p></blockquote><p></p>
[QUOTE="Vespidae, post: 261748, member: 2957"] If you think a school is built on tuition, you are sadly mistaken with how higher level education works. Most BS programs break even. The big money is in graduate programs and corporate work. And if you don't have happy alumni who want to book your high margin corporate work, you're not going to go very far. Tech does very well because there are a LOT of alumni in key positions kicking them R&D grants and corporate education work. That's a winning model. And re schools that didn't exist 50 year ago, yes some of them have launched Division 1 football. But I didn't say that. They have built winning baseball, basketball, and other sports programs. Starting from zero. With far less alumni. (Based on their success, they launched Div 1 football.) [/QUOTE]
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