Rufus McCoy and Profiteers in the Ivory Tower, a
novel, offers an insider's view of the calamity
overtaking American higher education.
It's FREE to Amazon Prime members.
http://www.amazon.com/dp/B007AOU33S
Rufus McCoy
and Profiteers in the Ivory Tower
Is this what you can expect in college?
Some thoughts from the author -- February 24, 2012
You might be surprised what colleges do with your donated money. For example, the author of Rufus McCoy and
Profiteers in the Ivory Tower commented on a report in The Chronicle of Higher Education: "State Supreme Court
Upholds UConn's Right to Keep Donor List Secret." The truth is universities spend fortunes-donors' money-in the courts
to keep some names of donors secret.
Politicians and business leaders aren't about to change this exception to the open records law, because they created it,
and they, too, drink heartily from the hundreds of millions of state taxpayer dollars that flow annually to all state
universities.
Here's how it works: Politicians' and ally business-leader's gambit is to make a donation to University Gifts and
Endowments "unrestricted funds"-the "booze account"-in exchange for selling their goods and services to State
University. A kickback scheme-done with a handshake. State University's public announcement, the only part done in
the open, declares the ally business leader the "competent low-bidder" to provide goods and services to State
University. The ally business-leader donor gets the contract, which includes charging a premium for his goods and
services. Administrators get cash from the "booze account" to do with as they please. Everybody in-the-know is happy.
Confidentiality is essential. No outsider can access donor names, if the donor chooses to be anonymous. In the glossy
University Gifts and Endowments pubic relations brochures, ally business-leader donors are listed as anonymous. Over
98% of the donors are listed by name-normal people are proud of their donations-2% are anonymous. They, most of the
2%, do the sweetheart deals with State University. The public relations administrators argue that some donors would
not make contributions if their names were made public.
Half-truths are the mother's milk of administrators. Some, a very few donors, don't want their names made public to
avoid being pestered by every charity in existence. The majority of anonymous donors are State University
business-leaders. Secrecy. It's for your own good.
Truth, the whole truth, and nothing but the truth, would only make you unhappy.
For part one in the "Ask Rufus" series, please click here.