How did Elon use the responses from this request of all federal employees?
But now you're deflecting. You were arguing that emailing your week's work was inefficient. When shown it is not, you shift the argument. Is that your strategy?
I am arguing that Elon’s request for all federal employees to email what they did for the week was inefficient. Where have I shifted from that? What did the request accomplish?
Their budget is $1.3B per year, they employ like 7,000 people, and the budget deficit was 3%. Can propose a few reasons a company of this size could have a budget deficit that’s less than a rounding error?
There budget is $1.3 B?
With $1.79 billion in revenues and $1.83 billion in expenditures, the approved FY25 budget projects an operating deficit of $46 million for FY25, which is 3% of total revenue. One priority for the University in the coming years will be to limit annual deficits, even while continuing to invest in important priorities.
$1.79 B in revenues? They get about $1.1 billion in tuition, $500 million in donations - that is already at $1.6 billion and they have endowment earnings of maybe $700 billion. I am already up around $2.3 billion.
It was $1.3B a few years ago. It’s now closer to $1.8B, as you’ve noted, which makes the deficit even less signifiant.
Consolidated Budget Revenue — Key Components Tuition and fees: $753.5 million Endowment: $337.7 million Sponsored research: $300.9 million Annual Fund and spendable gifts: $112.8 million Auxiliary and miscellaneous: $287.3 million
So you’re off by $400 million on tuition, $400 million in endowment (they don’t just pull any endowment earnings into the current year budget), and another $400 million in donations.
Basically, you have no clue what you’re talking about. Which explains all those C’s and D’s at whatever community college you could convince to let you stay for five years.
Tuberville: “We built China - the American taxpayers. We built the Middle East. We built Europe. So now it’s time they help us build back our country after we’ve helped them so much, and that happens to be with tariffs.”
American consumers pay the damn tariffs
Someone needs to tell Tubbervils that we built Russia. That sh!thole country wouldn't even exist if we hadn't forked over trillions in free cash ($$$$$$$ - The Large Green) during WWII. And all those ingrate scumbag Russians do is threaten to bomb us. Russians are disgusting low lifes.
With $1.79 billion in revenues and $1.83 billion in expenditures, the approved FY25 budget projects an operating deficit of $46 million for FY25, which is 3% of total revenue. One priority for the University in the coming years will be to limit annual deficits, even while continuing to invest in important priorities.
$1.79 B in revenues? They get about $1.1 billion in tuition, $500 million in donations - that is already at $1.6 billion and they have endowment earnings of maybe $700 billion. I am already up around $2.3 billion.
*Their, Mr. “Elite Schooling”
Learn to read because it shows what tuition revenues and endowment investment revenues are in the link you are quoting. Did you miss it?
Are you aware UT operates on a larger deficit?
You are correct. I read that in 2017 their IT dept. operated at a $17million deficit and might grow to $25 million.
With $1.79 billion in revenues and $1.83 billion in expenditures, the approved FY25 budget projects an operating deficit of $46 million for FY25, which is 3% of total revenue. One priority for the University in the coming years will be to limit annual deficits, even while continuing to invest in important priorities.
$1.79 B in revenues? They get about $1.1 billion in tuition, $500 million in donations - that is already at $1.6 billion and they have endowment earnings of maybe $700 billion. I am already up around $2.3 billion.
It was $1.3B a few years ago. It’s now closer to $1.8B, as you’ve noted, which makes the deficit even less signifiant.
Consolidated Budget Revenue — Key Components Tuition and fees: $753.5 million Endowment: $337.7 million Sponsored research: $300.9 million Annual Fund and spendable gifts: $112.8 million Auxiliary and miscellaneous: $287.3 million
So you’re off by $400 million on tuition, $400 million in endowment (they don’t just pull any endowment earnings into the current year budget), and another $400 million in donations.
Basically, you have no clue what you’re talking about. Which explains all those C’s and D’s at whatever community college you could convince to let you stay for five years.
Not "off" tuition. 11,000 students at $93,000 per is NOT $753 million. You went to ITT? The donations in 2019 was $400 billion. How much last year?
With $1.79 billion in revenues and $1.83 billion in expenditures, the approved FY25 budget projects an operating deficit of $46 million for FY25, which is 3% of total revenue. One priority for the University in the coming years will be to limit annual deficits, even while continuing to invest in important priorities.
$1.79 B in revenues? They get about $1.1 billion in tuition, $500 million in donations - that is already at $1.6 billion and they have endowment earnings of maybe $700 billion. I am already up around $2.3 billion.
It was $1.3B a few years ago. It’s now closer to $1.8B, as you’ve noted, which makes the deficit even less signifiant.
Consolidated Budget Revenue — Key Components Tuition and fees: $753.5 million Endowment: $337.7 million Sponsored research: $300.9 million Annual Fund and spendable gifts: $112.8 million Auxiliary and miscellaneous: $287.3 million
So you’re off by $400 million on tuition, $400 million in endowment (they don’t just pull any endowment earnings into the current year budget), and another $400 million in donations.
Basically, you have no clue what you’re talking about. Which explains all those C’s and D’s at whatever community college you could convince to let you stay for five years.
Can you please explain out that $337 million in investment income? How much was dividends. Did they not include capital appreciation. Please provide more info on that $337 million endowment income. Thanks!
It was $1.3B a few years ago. It’s now closer to $1.8B, as you’ve noted, which makes the deficit even less signifiant.
Consolidated Budget Revenue — Key Components Tuition and fees: $753.5 million Endowment: $337.7 million Sponsored research: $300.9 million Annual Fund and spendable gifts: $112.8 million Auxiliary and miscellaneous: $287.3 million
So you’re off by $400 million on tuition, $400 million in endowment (they don’t just pull any endowment earnings into the current year budget), and another $400 million in donations.
Basically, you have no clue what you’re talking about. Which explains all those C’s and D’s at whatever community college you could convince to let you stay for five years.
Not "off" tuition. 11,000 students at $93,000 per is NOT $753 million. You went to ITT? The donations in 2019 was $400 billion. How much last year?
There aren’t 11,000 undergrads and graduate student tuition is often minimal.
BROWN UNIVERSITY is saying $750 million in tuition and fees. I’m going to believe them over somebody that only managed on B in five years of college.
You could store a lot of Top Secret documents in Kid Rock's new golden White House knockoff baffroom. Da bang, da bang, diggy diggy wingy dingy ding ding dong.
It was $1.3B a few years ago. It’s now closer to $1.8B, as you’ve noted, which makes the deficit even less signifiant.
Consolidated Budget Revenue — Key Components Tuition and fees: $753.5 million Endowment: $337.7 million Sponsored research: $300.9 million Annual Fund and spendable gifts: $112.8 million Auxiliary and miscellaneous: $287.3 million
So you’re off by $400 million on tuition, $400 million in endowment (they don’t just pull any endowment earnings into the current year budget), and another $400 million in donations.
Basically, you have no clue what you’re talking about. Which explains all those C’s and D’s at whatever community college you could convince to let you stay for five years.
Can you please explain out that $337 million in investment income? How much was dividends. Did they not include capital appreciation. Please provide more info on that $337 million endowment income. Thanks!
I have no idea. Maybe it’s available in some report. More generally, universities contribute a few percent of their total endowment to their annual operating budget each year.
Can someone please demand that Trump and JV Dance articulate exactly how Denmark has wronged the United States? They are contributing well more than the US to Ukraine as a percentage of GDP. They have supported the US in our many purposeless wars
Vance says they have done very poorly for Greenland. Stop letting them gaslight with one sentence explanations. Demand that they be specific and tell us what this country has done wrong!
We're 'mericuh. We don't have to explain why we NEED to OWN geographically important places.
And like tariffs, this is just the start. Other countries that should be worried: Panama (of course), Canada (of course), Spain/Morocco, Turkey, Egypt, every country on the Persian Gulf, Red Sea, and Arabian Sea, Japan, South Korea, Malaysia, Singapore....
What "country" is Canada? Are you referring to our 51st state?
Can you please explain out that $337 million in investment income? How much was dividends. Did they not include capital appreciation. Please provide more info on that $337 million endowment income. Thanks!
I have no idea. Maybe it’s available in some report. More generally, universities contribute a few percent of their total endowment to their annual operating budget each year.
That list you submitted - where is the $500 million in donations? Should that not be included in budget? Something is fishy here.
There aren’t 11,000 undergrads and graduate student tuition is often minimal.
BROWN UNIVERSITY is saying $750 million in tuition and fees. I’m going to believe them over somebody that only managed on B in five years of college.
There are about 11,000 students undergrad and grad.
Right. And many of those grad students are NOT paying anywhere near $93k per year in tuition (I’m not sure how a grad student whose tuition is paid by a sponsored research grant, or fellowship, or because they’re a teaching fellow, etc… is counted in the numbers Brown provided, but they usually aren’t paying housing, no meal plan, and much reduced tuition compared to undergraduate).
I have no idea. Maybe it’s available in some report. More generally, universities contribute a few percent of their total endowment to their annual operating budget each year.
That list you submitted - where is the $500 million in donations? Should that not be included in budget? Something is fishy here.
BROWN includes $100 million in spendable gifts in their report. I don’t know where you got $500 million from, but most donations are added to the endowment and earmarked for some purpose (Men’s track team, for example). Those donations are not all spent in the year they are received.
There are about 11,000 students undergrad and grad.
Right. And many of those grad students are NOT paying anywhere near $93k per year in tuition (I’m not sure how a grad student whose tuition is paid by a sponsored research grant, or fellowship, or because they’re a teaching fellow, etc… is counted in the numbers Brown provided, but they usually aren’t paying housing, no meal plan, and much reduced tuition compared to undergraduate).
The grad student may not be paying but someone is paying and Brown is getting that revenue.
Again, how can you get $1 billion in tuition, $500 million in donations, $400 million from endowment income and still be operating at a budget deficit. Perhaps because you have a 1/2 Non-faculty to student ratio and are paying investment officers over $1 million a year?
Senator Tim Kaine, who ran against me with Crooked Hillary in 2016, is trying to halt our critical Tariffs on deadly Fentanyl coming in from Canada. We are making progress to end this terrible Fentanyl Crisis, but Republicans in the Senate MUST vote to keep the National Emergency in place, so we can finish the job, and end the scourge. By their weakness, the Democrats have allowed Fentanyl to get out of hand. The Republicans and I have reversed that course, strongly and quickly. Major additional progress is being made. Don’t let the Democrats have a Victory. It would be devastating for the Republican Party and, far more importantly, for the United States. MAKE AMERICA GREAT AGAIN!
Why are we charging tariffs on incoming deadly Canadian fentanyl instead of just banning it?