Education is big business
Needed that long drawn hiatus. On a serious note in the new year. I knew that education was among the top industries in the United States, but never realized its actual magnitude.
A new study shows that fifty six schools have endowments more than $1 billion, with nine new additions. That may not sound like a big deal.
The highest in the list is Harvard with $25.5 billion, and it employs over 14,000 employees. For comparison, Indian defense budget is $15.5 billion and the armed forces in India employ in excess of a million people. That budget is for both equipment and people costs.
I am speechless ....
so, I am thinking of opening a engineering college myself. ha ha ha.
A new study shows that fifty six schools have endowments more than $1 billion, with nine new additions. That may not sound like a big deal.
The highest in the list is Harvard with $25.5 billion, and it employs over 14,000 employees. For comparison, Indian defense budget is $15.5 billion and the armed forces in India employ in excess of a million people. That budget is for both equipment and people costs.
I am speechless ....
so, I am thinking of opening a engineering college myself. ha ha ha.
posted by nitboss at 8:17 PM
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