If Harvard can afford to pay Elizabeth Warren $400,000 - for teaching one class and Harvard's Posted: Jan 27th, 2020 - 6:33 am In Reply to: In 2018, federal, state and local governments spent $2.01 trillion on - to pay the salaries and benefits of
endowment is now at $40.9 billion, and it's a ‘not-for-profit’ and with all the tax advantages they get it's roughly $174,000 per student per year in investment income.
They also receive $600,000,000 - $700,000,000 annually in federal research funding, and have many other sources of income.
The average full professor at Harvard makes $250,000/year, with a light teaching load.
So why should taxpayers give THEM more money?
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