New Presidents Address

He is coming in at a bad time. The state has deeply cut its contribution to Tech and the Foundation had a lot of its worth evaporate in the stock market. Obama will cut the tax deduction value of individual contributions to a maximum of 28%, or 28 cents on the dollar, thus considerably lessing the incentive for individuals to contribute to Tech.

So unless the federal government is willing to make up the difference through still more pork, the Institute will have to make some deep cuts of its own.
 
He is coming in at a bad time. The state has deeply cut its contribution to Tech and the Foundation had a lot of its worth evaporate in the stock market. Obama will cut the tax deduction value of individual contributions to a maximum of 28%, or 28 cents on the dollar, thus considerably lessing the incentive for individuals to contribute to Tech.

So unless the federal government is willing to make up the difference through still more pork, the Institute will have to make some deep cuts of its own.

but everybody in the world is going to another year of college!
 
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