Quote:
Originally Posted by GGG
I’m not sure how what you wrote here is a response to my point. I didn’t say it was unimportant. I said it was self sustaining. I think what you wrote validates why they don’t need to collect more money from Legacies.
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Are you really that dense? Harvard employs 435 people whose job it is to fund raise from those very people who were legacies and will likely have legacies follow them to Harvard. The Ivy League is built on legacy and making sure legacies continue to enter their hallowed halls. Where the #### do you think those billions came from? Listening to EF Hutton? It is all gifts from people who went there and want to ensure their offspring have similar opportunities/advantage. Even though they are completely flush with cash they continue to fund raise and use that money to pay for their gifts to students, which is counter to your point. They could, but they don’t.