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Most Bothersome Wake Forest Development in the last 12 months? Pit/Tunnels Adjace

donaldross said:
Families don’t get admitted to Wake Forest. Humans do.

We aren’t judged by our families in life. We are judged by what we do ourselves.

Kids not raised in the shackles of wealth so often outperform those who cannot overcome that curse. We should be admitting mass groups of kids raised in poor homes.
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And yet you clearly believe we are judged by what we say about ourselves.

What a pissant bullshitting blowhard.
 
I am so confused. You people actually think an 18 year old ought be judged by his parents and grandparents?

WTH century do you live in. Wake Forest alums are stuck in a bygone era. Do you think only property owners should vote? Do you lease to share croppers?

WTH is wrong with us? Our alums have just not adapted to the modern world. No wonder we have free falled to irrelevance academically and athletically.
 
donaldross said:
We should be admitting mass groups of kids raised in poor homes.
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I agree, but it does raise the question of who should pay the tuition for these kids.

thatguy2016 said:
If WF were to do this, it would be more affordable (cheaper) for affluent and upper middle class families, and less affordable for poorer families, which decrease economic diversity and further harm WF in the rankings.
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It seems a component of the funding now is based on having kids from wealthier families subsidize the needs-based aid through above market tuition. I hope everyone that agrees with this redistributive approach also agrees that NCAA athletes should not be paid by universities based on the revenue their sports generate.
 
donaldross said:
I am so confused. You people actually think an 18 year old ought be judged by his parents and grandparents?

WTH century do you live in. Wake Forest alums are stuck in a bygone era. Do you think only property owners should vote? Do you lease to share croppers?

WTH is wrong with us? Our alums have just not adapted to the modern world. No wonder we have free falled to irrelevance academically and athletically.
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says the guy who thinks college basketball should be our most important focus
 
donaldross said:
Absolutely should have been for the last 25 years. We chose everything else over men's basketball and our US News ranking. And now, here we are. We are Wofford.
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Who is "we"?!? I wanted that dumbass Wellman fired after that ridiculous sock presser and him covering for that village idiot [Redacted].
 
Sco Deac said:
I agree, but it does raise the question of who should pay the tuition for these kids.



It seems a component of the funding now is based on having kids from wealthier families subsidize the needs-based aid through above market tuition. I hope everyone that agrees with this redistributive approach also agrees that NCAA athletes should not be paid by universities based on the revenue their sports generate.
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Do you want the best students or the wealthiest students?

Your question gets into the core purpose of a private university.
 
PhDeac said:
Do you want the best students or the wealthiest students?

Your question gets into the core purpose of a private university.
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I want the best across diverse socio-economic backgrounds. I do not want a bipolar student enrollment populated by just the wealthiest students and the most needy.
 
scooter84 said:
Didn't we have a law school and a med school when we were previously ranked as a regional liberals arts school? Perhaps the classifications changed?
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We were a southern regional university in USNews, not a liberal arts school.
 
I’d be curious as to Wake’s financials. How much does it cost to run the school in a given year, including all salaries, etc?

Here’s a blind outline coming at it from the revenue side - the numbers are almost assuredly off, but let’s highlight a few things:
5.4k undergrads * $50k net average = $270M
3.5k grad students * $50k net = $175M
Annual Donations/Endowment Gift Contribution = $20M?
Grants + Other = $30M
Endowment Contribution = $1.86B * 4% spending ratio) = ~$75M

Total Revenue = Total Costs = $570 Million

Assume that $50k for undergrads and grad students alike is the net amount paid to the school for tuition/room/board after scholarships/aid (feel free to chime in if you know better).

Observation 1: the endowment contribution to the total at just 13% limits the options on things like need-blind admissions. Harvard et al can do that because they have endowment sizes that cover most of the operating budget of the school.

Just taking the average net payment to $40k from $50k from no changes other than endowment size covering more of the cost via scholarships/aid would require the endowment to be ~$4 Billion.

For the endowment to cover the entire operating budget in perpetuity, you’d be looking at a $14 Billion endowment.

Observation 2: another option is increasing the student body size and class size. You could do this (with some incremental costs for housing/food/etc) without meaningfully increasing faculty size.

What does this do to the experience (unknown)?

The number and quality of applicants isn’t likely to increase given the upcoming demographic cliff and the now lower ranking, so increasing the size of the student body without further diluting the average quality of students starts to get much more difficult.

Option 3: you could increase the number of faculty devoted to research by expanding the size of the overall faculty without increasingly class sizes given many qualified applicants looking for jobs. The offset here is the increase in cost, which would have to be covered by…tuition.

Options 4-10: choose your own adventure below.

It all comes back to the size of the endowment - at 10x the size we could do whatever we wanted. Now we can do anything we want, but not everything we want, with much more stark trade offs.
 
donaldross said:
I am so confused. You people actually think an 18 year old ought be judged by his parents and grandparents?

WTH century do you live in. Wake Forest alums are stuck in a bygone era. Do you think only property owners should vote? Do you lease to share croppers?

WTH is wrong with us? Our alums have just not adapted to the modern world. No wonder we have free falled to irrelevance academically and athletically.
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You have free falled. WF sports and academics are fine. Btw, it must have been tough growing up working in McDonald’s and on a farm as a Dentist’s son. Did you also work while on school at WF and Duke. Dude, you were born on third base. Cut the crap.
 
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