Comment on One of capitalisms biggest tragedies

CaptainProton@lemmy.world ⁨9⁩ ⁨months⁩ ago

Is it capitalism, or is it the way non-profits budget in order to stay non-profiting when there’s some windfall revenue? Seriously stupid if anyone doesn’t know: schools will burn money and hire excess staff JUST to keep from having a profit at the end of the year - and then the next year they need to either hit the same numbers or get rid of people and programs. Tuition can only go to the moon as long as every penny of unspent money must be both spent this year and replaced again next year.

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