07-30-2024, 10:09 AM
(07-30-2024, 09:40 AM)Vandelay Wrote: I will make the suggestion (and I'm sure it will be an unpopular one) that Stanford should peel off a billion dollars from their $40B endowment, invest it conservatively in securities returning 5%, and use the returns to fund NIL and athletics. That would be a game changer. Stanford could be a net winner in the portal/NIL game rather than a net loser.I am going to modify your suggestion a bit. Stanford could take that 50 million a year and use it to house the homeless. That wouldn't advance Stanford's primary goal of educating students one iota but it might help clean up the El Camino. I think that would be much more useful than paying athletes to attend Stanford.
