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kwkelly | 1 year ago

This would probably last forever. The MD class size is only around 120 people and at 70k per year tuition costs would be 8.4M per year (ignoring that only families earning under 300k are eligible). Modest interest on 1B would easily earn over 10M per year and probably several times that. Hedge funds often manage these endowment funds.

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scotty79|1 year ago

Only until some clever people figure out how to attach themselves to the money and suck the whole thing dry in few years.

alan-hn|1 year ago

Ah the essence of capitalism. Leeching middle men