Comment by itsoktocry

21 hours ago

>Why is it UPENN's responsibility to solve these issues?

Who's responsibility is it? Have you seen how the government operates? Why wouldn't UPENN want to help solve it?

You're asking the wrong question: why would they?

How much have you contributed to Philly's woes?

Probably nothing, because it doesn't benefit you.

  • > How much have you contributed to Philly's woes?

    To resolve Philly's woes?

    > Probably nothing, because it doesn't benefit you.

    If they pay taxes...

OK, but they do exist to educate people, and have a comically large endowment to do it with that only keeps growing. I guess their plan is to grow the endowment until all human beings everywhere can get full ride UPenn scholarships?

  • Going up is what an endowment is supposed to do; you spend some part of the return on operational needs, while also growing the base so you have greater (nominal, and hopefully also real) capacity for that downstream.

    If, over the long term, an endowment isn’t growing, it’s being mismanaged.