A college where the STEM stuff pays the bills and the humanities/social sciences aren’t insane sounds functional and appealing. As America becomes ever more like the Soviet Union in its ideological dumbing down, smart kids need to be shown a route to success. It’s crucial to provide potential applicants with plausible career paths. I could see making alliances with non-woke firms like Tesla, Palantir, and Coinbase and specializing in majors they need, like Comp Sci. That is admirable, but you need some way to attract bright students. Judging from comments by those involved in this start-up, they tend to be focused more on the humanities and social sciences than on pre-professional training of pre-meds and MBAs. of Austin grads blackballed by the rest of academia? For example, if you want to make a career in cultural anthropology, you’d probably be best advised to avoid having a free-thinking university on your resume. That’s a lot of money, but there are 45 colleges with endowments that large (and for some reason, Wikipedia’s list doesn’t include that other college in Austin, which has a huge endowment funded by a tax on oil).Ī big question is how do you avoid having U. of Chicago, that would be at least \$1.6 billion. If one of them gave proportional to what JD Rockefeller gave to the U. The recent Forbes 400 2021 counted 18 individual Americans with at least \$50 billion. That was his peak net worth, and amounts to US\$23.6 billion (in 2020 dollars inflation-adjusted). His personal wealth was estimated in 1913 at \$900 million, which was almost 3% of the US GDP of \$39.1 billion that year.
Back then, \$35 million here, \$35 million there, pretty soon you are talking about real money. of Chicago by donating \$35 million between 18. On the other hand, rich guys are richer than ever right now, so it seems not impossible.įor example, John D.
He doesn’t, yet, have any big name zillionaires publicly committed to forking over a ton of cash to make this happen at a scale big enough to matter. He has a lot of famous centrist-rightist intellectuals like Steven Pinker and Niall Ferguson signed up as advisers (not as professors). John’s Great Books liberal arts college has announced he’s going to start a new private University of Austin in Texas dedicated to non-woke freedom of thought.
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