04-27-2016, 10:03 AM
I've seen many schools boasting of their non-profit status. Just keep in mind that non-profit does NOT mean there is no money, or that even that they somehow break even. Non-profit just means proceeds are not payable as dividend to its owners and are not normally taxable.
For an example, below is a link to a famous non-profit, Southern New Hampshire University:
https://projects.propublica.org/nonprofi...s/20274509
As you can see, the school generated over $250 Million in revenue in 2013 with over $28 Million in Net Income, which in the corporate world is another word for profit. This goes for any non profit educational institution.
I'm not saying that there is any value judgement to be made here, but I see many students touting non-profit status to somehow mean they aren't getting fleeced, and I just wanted to remind everyone Caveat Emptor.
For an example, below is a link to a famous non-profit, Southern New Hampshire University:
https://projects.propublica.org/nonprofi...s/20274509
As you can see, the school generated over $250 Million in revenue in 2013 with over $28 Million in Net Income, which in the corporate world is another word for profit. This goes for any non profit educational institution.
I'm not saying that there is any value judgement to be made here, but I see many students touting non-profit status to somehow mean they aren't getting fleeced, and I just wanted to remind everyone Caveat Emptor.
CLEPS Passed: 10 DSST Passed: 11 TECEPS: 1
PrLoko-isms
Don't waste time by trying to save time. The only sure way to complete your degree is to knock out credits quickly and efficiently.
Don't let easiness bite you in the rear. Know your endgame (where you want to be) and plan backward from there. Your education is a means to an end.
Be honest professionally, socially and academically. There are people (especially little ones) who look up to you and they're going by your example.
Be proud. Whether you're an Engineer or Fast Food worker, there is honor and dignity in hard work.
Picking on people weaker than you only proves that you are a weak person.
PrLoko-isms
Don't waste time by trying to save time. The only sure way to complete your degree is to knock out credits quickly and efficiently.
Don't let easiness bite you in the rear. Know your endgame (where you want to be) and plan backward from there. Your education is a means to an end.
Be honest professionally, socially and academically. There are people (especially little ones) who look up to you and they're going by your example.
Be proud. Whether you're an Engineer or Fast Food worker, there is honor and dignity in hard work.
Picking on people weaker than you only proves that you are a weak person.
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