May 22, 2019
12:15:42am
12:15:42am
Sign me up for that rate of return!
I don’t think you have factual information, but to use your guesstimate, it is still an incredible investment!
For example if BYU took in $1B in tithing each year, they would still be ahead almost 5x the annual investment.
Say 8,000 graduates per year x 38 years of employment x $150,000 average annual income \ 10% for tithing = a whole lot of $$$$$$ in return from thousands of qualified individuals earning good wages because of their education as graduates of BYU
Your invitation to use $1B in tithing to feed the poor for a year instead of providing experience and education at BYU would equate to ‘burying a talent’ when it could be returned tenfold with charitable donations over a lifetime.
For example if BYU took in $1B in tithing each year, they would still be ahead almost 5x the annual investment.
Say 8,000 graduates per year x 38 years of employment x $150,000 average annual income \ 10% for tithing = a whole lot of $$$$$$ in return from thousands of qualified individuals earning good wages because of their education as graduates of BYU
Your invitation to use $1B in tithing to feed the poor for a year instead of providing experience and education at BYU would equate to ‘burying a talent’ when it could be returned tenfold with charitable donations over a lifetime.
Originally posted on May 22, 2019 at 12:15:42am
Message modified by provofan on May 22, 2019 at 12:17:25am
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AND... since our program doesn't have any debt, we avoid large principle and interest payments each year.
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Great info. I'm sure Utes will argue that tithing subsidies of tuition are de facto subsidies to athletics since
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Your Ute education probably didn’t prepare you to understand the economics behind the decision. Don’t beat yourself up
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