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Old 07-14-2012, 08:26 PM   #2
RaiderH8r RaiderH8r is offline
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Quote:
Originally Posted by chiefzilla1501 View Post
You are talking about 44,000 jobs lost. You are talking about 100,00 students per year who will either have to resort for higher tuition or reduced quality of education. You are talking about stripping one of the most critical ways Pennsylvania is able to keep students and good residents in state. You are talking about potentially stripping away scholarships or affordable tuition to a 17-year old student who can't afford a private institution but has worked her ass off her entire life to get straight A's so she can get into Penn State. You are talking about stripping away $8.5B of economic impact. Indirectly, you are talking about taking away good future lawyers, doctors, businesspeople, etc.... And you're not even factoring the massive amounts of help state schools provide to businesses in terms of expertise, research, etc.... Penn State is one of the lifebloods, for example, of the Pennsylvania farming industry. I think it's rather hilarious that people actually think you can take a public university of that magnitude away and think it wouldn't have a devastating economic effect.



Penn State is a school that enrolls 100,000 students. It is an extremely expensive school to run. You have to employ the faculty to cover all those students, pay for facilities, and have students that pay the room & board to house them because any reasonable person knows that the further you are from capacity to fill a building, the more your costs go up. Many schools thrive without a competitive program because they have higher tuition rates or else they don't offer quality educational programming. Most schools don't have the challenge of attracting 100,000 students in order to keep the school running. In most cases, they're happy with a few thousand.

More importantly, we know the direct impact. We're talking about $50M in direct losses if you take away their home games. I can't even imagine how many millions of dollars would be lost in alumni donations. You're talking about hundreds of millions dollars lost.

But like you said... no big deal. Most universities have hundreds of millions of dollars in money just lying around to cover it.
Let'em dip into that endowment. Let the alumni hold a bake sale. Is it going to hurt? Hell yes. That's the point. This shit happens frequently. Offshore oil production is a hell of a lot larger economic driver to the gulf coast than PSU and nobody blinked when the US unilaterally shut it down for about a year. BFD, life will go on. If there is a void it will be filled. PSU can operate away on endowments and alumni til their tits tickle but be ****ed if public dollars get used to pay for the rape and institutional complicity. If the state of PA wants to fund the school I guess that's their prerogative but federal money should be spent shutting down and moving projects out of PSU ahead of cutting all federal money pending the final outcome of the final trial related to this.
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