Money pours into the higher education industry by the $billions upon $billions, not only from students and their parents, but from taxpayers, who are bled on behalf of academia through extravagant subsidies both direct and indirect. This story is emblematic of what they are spending the money on:
Students at Virginia Commonwealth University are applying for $2,500 awards from a Social Justice Fund, which will finance student projects focused on social justice activism.
VCU is offering four $2,500 awards to teams of students with faculty mentors who work on social justice projects, reports VCU News. …
“Proposals must demonstrate how the innovative solution will address and tackle structural, political, economic or social injustice through the lens of diversity, including race, age, ethnicity, gender, sexual orientation, gender identity, gender expression, religion, national origin, disability status, political affiliation, veteran status and/or socio-economic background,” [read] the application instructions