04-04-2020, 07:04 PM
YES. If they don’t, I will be pissed.
However, although I expect Stanford to dip into its endowment this year, it should be measured to be able to allocate money to many places. It should pay employees as best it can. It should help the community (look at what the UW Virology Lab is doing — wow!) It should invest in treatments, a cure and other helpful research. So, if the campus is closed for 8 months or 20 months or even 33 months, I don’t know that the university can commit to pay every employee 100% indefinitely, but absolutely it should dip into its endowment to help its employees. I would hope they can pay everyone through the end of the academic year, at least.
However, although I expect Stanford to dip into its endowment this year, it should be measured to be able to allocate money to many places. It should pay employees as best it can. It should help the community (look at what the UW Virology Lab is doing — wow!) It should invest in treatments, a cure and other helpful research. So, if the campus is closed for 8 months or 20 months or even 33 months, I don’t know that the university can commit to pay every employee 100% indefinitely, but absolutely it should dip into its endowment to help its employees. I would hope they can pay everyone through the end of the academic year, at least.