TRNN’s Khalilah Harris discusses critiques and possible implications of Michael Bloomberg’s historic donation with Lester Spence, political commentator and Hopkins Associate Professor of Political Science and Africana Studies
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This will cost the tax payers 40%- 50% of that money when he writes it off on his taxes.
Ms Harris speaks More articulately than the associate uhm uhm professor !
John Hopkins endowment is probably already robust enough to have the means to attain precisely what Bloomberg's gift is trying to achieve. Question being why haven' they turned towards that end? Why are these colleges just gatekeeping for the offspring of the 1%
It's a tremendously generous sum to bequeath, however, the public school system across this nation is severely and undeniably broken. We still have white families who would rather segregate their children, rather than local legislatures that would adequately fund from the ground up pre-k universal, better elementary and highschools for all colors, not just affluent suburbanites.
Would Bloomberg be assisting an elite private College with big private money if he was not considering a Presidential run?
Hot interview 😉 and a comprehensive essay on improving / evolving the edu. priority in society.
A public high school administrator in my family has told me that the availability of scholarship money and programs to celebrate kids who earn those scholarships are significant motivators. Please, you undertaxed financial titans, do more of this kind of economic stimulus!
Succinctly articulated: the structure of capitalism is bad/needs to change AND there are capitalists willing to do something good.
So the question is can the government afford to subsidize College of course the government can afford to subsidize College the government creates the money it is nothing more than keystrokes on a computer please learn proper economics please learn it mmt dr. Stephanie Kelton
Bloomsburg don't give a d@mn even with that major donation. He is simply hustling. He'll get that money back in a sneaky way.
Sad that the money is NOT used to feed the poor of the country, they went for education perhaps wanting to find an elite student that will give them findings in technology, as schools are known as getting the most out of their student brains, and the future technology is brought to us by the brainy kids of today, so in a way their wealth will grow when they fund new research technology to their advantage, it is a twofold way of becoming wealthier. The elite have no brains as theirs have been warped by momma and poppa money bags.