David Geffen donates $150 million to Yale School of Drama, makes it tuition free FOREVER

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Whatever you say, you talking about people who are billionaires and have 100 millions of dollars

when you don't even have a lemonade stand

it's scene in the movie Meteor Man, where Robert Townsend, how can you all complain while you do nothing

what do you do for living, how much power you get, you yelling from the bench

you don't have the business acumen to run a fukking landscaping company and talking shyt about people way more powerful and successful than you will ever be

this is a loser's mentality, get in the game, actually accomplish something then talk about what others should do
he donates to an art school. Frivolous nonsense.

on the flip side, Lebron has to mere meager, millions to make ONE school. Thats how dire the situation is for black people and black wealth.
 

greatone

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Yale tuition cost is $33800/year at the Yale school of Drama. This is $135200 for a 4 year degree. If he is donating $150M that only take care around 1109 students who is pursuing a 4 year degree.

I guess a large majority is going to be invested in the market. Since the article say 200 students are currently enrolled in the school of drama the school yearly tuition cost would be around $7M/year (200 students x $33800/year). If they invest $150M they would only have to make 5% a year profit ($7.5m) to cover the tuition cost w/o ever having to dip into the principal.
 
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