Started By
Message

re: So the truth is staring to come out about Lebrons I Promise School

Posted on 8/8/18 at 1:41 pm to
Posted by ProjectP2294
South St. Louis city
Member since May 2007
70921 posts
Posted on 8/8/18 at 1:41 pm to
quote:

Well he pledged $41 million, but the University guarantees them. It’s common for individuals and organizations gives fund to a university and the university sets-up and guarantees its use as agreed.


If it's working that way, why are people now saying that the University is paying for the scholarships?
Posted by JBeam
Guns,Germs & Steel
Member since Jan 2011
68377 posts
Posted on 8/8/18 at 1:44 pm to
quote:

If it's working that way, why are people now saying that the University is paying for the scholarships?

Is it better to side with what the Foundation & University agreed on in a public statement or go with the court of public opinion (aka Twitter) in this situation?
Posted by buckeye_vol
Member since Jul 2014
35251 posts
Posted on 8/8/18 at 1:49 pm to
quote:

If it's working that way, why are people now saying that the University is paying for the scholarships?
The story from The Plain Dealer a couple days ago is that the University has GUARANTEED the scholarship, which does not necessarily mean it’s also PAYING for it.

Since the eligible students won’t graduate for a few years, then the details of the spending are not available. Between that and Lebron pledging $41 million, it’s foolish to assume that guarantee is equivalent to spending.
Posted by RogerTempleton
Austin
Member since Nov 2014
3039 posts
Posted on 8/9/18 at 12:49 am to
quote:

If it's working that way, why are people now saying that the University is paying for the scholarships?



Because 41 million doesnt cover full rides for every kid who graduates from a high school in perpetuity.

Jesus frickin christ some people are thick.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram