Scott Weiser wrote:
A Usenet persona calling itself BCITORGB wrote:


Scott:
===========
Hey, there are *lots* of opportunities to make a profit, even in police
departments. Do you think the police officers, or the professors and
custodians work for FREE?
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I'm not clear on what you're trying to say.

You're right, I don't work for free. But that still doesn't explain how
a university (a state university) makes a profit.


I didn't say the university made a profit, I said, quite specifically,
"there are profits to be made."

Universities are profit generators. That the university itself doesn't show
a profit is irrelevant, they are a huge part of the economy of most
communities, not just from wages and compensation for employees, but to the
community that serves the students and faculty. And then there are the
scientific discoveries that universities foster and patent. They, and the
public, share in the profits accruing from such things.

People support universities not simply because they provide advanced
knowledge, but because they are massive profit-generating engines for the
communities and the nation as a whole.

================

Man Scott, you're sounding more and more left-wing by the hour. Have you
finally started taking your meds? ;-)

You sound just a tad weaselly what with: 'I said, quite specifically,
"there are profits to be made.'"

But, you are quite right in your assessment of the impact of
universities on their communities. However, that still leaves us with
your initial assertion that med school respond to market demand for
doctors.

The answer is still "Nope." They respond to "political" or government
demand for more admissions into med school. Simply because, from a
purely market perspective, there's "nothing" in it for the university to
invest in all that is involved in running a med school. Much cheaper to
open another 20 section in the MBA program. But "society" (read
government) recognizes that we sure as hell don't need more MBA's (or
lawyers), but we (USA and Canada) do need more nurses and doctors. So,
as per my previous post, the government mandates (recall that direct
line between the governor's mansion and the University president's
office -- via the Regents) that admissions to the med schools be increased.

This is all part of the non-private, not-for-profit part of the economy
(polity) that you like to deny and disparage.

But, it seems, from this post, you do GET IT! WELL DONE!

frtzw906