The School of Social Work cashed a $50 million check from the Silvers (of Building fame). Which, I don’t know, seems like a nice gesture.
Not to Jessica, though, who posted this comment:
and yet our tuition will most likely still go up next year. can’t we get a $50 million grant that helps students directly and doesn’t just go towards some abstract idea. i’d rather have tuition costs lowered than have a nice new building for the school of social work which only has a tiny amount of students compared to the university as a whole. gotta love those silvers, though.
This shows a misunderstanding of donations, which aren’t as open-ended as they can seem. The Silvers have the right to earmark their extraordinarily generous gift to put it toward very specific ends. Yalinchak bought, fraudulently, a lecture hall. Bobst, a library. Kimmel, a center. You get the idea.
When someone gives NYU money, our school will certainly let the donors control the funds. If the Silvers threw that much cash at the university and rolled the dice as to what would be bought with it, how likely would the family be to give in the future? Especially if they didn’t much like their mystery gift.
The Silvers were more than justified in contributing to a noble cause, in lieu of blindly subsidizing snot-nosed students of Jessica’s breed with an overwhelming entitlement problem.
Call me when Jessica does anything worth $50 million. Hell, half that.
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