iamculby t1_it3egvs wrote
Reply to comment by bjankles in Johns Hopkins University graduate students are organizing for a living wage by jduda
Oh they're doing just fine haha.
During the pandemic they suspended all pay raises and stopped their 401K match because they were "losing money" due to a drop in elective surgeries and a drop in room and board fees. After faculty paid for an independent audit, it turned out they actually made a considerable amount of money over that period of time.
If you look at the composition of its board of trustees, it's almost entirely MBAs and business leaders, some of whom have a personal financial stake in where and how the university invests its money. Maybe this explains why the university seems to operates more like a holding company trying to extract profits from a historic brand than a university dedicated to maintaining a healthy and productive research and learning environment.
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