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April 15, 2025 3 mins
Chris vents frustration over endless college campus controversies, from Columbia to Harvard, arguing that taxpayer money shouldn’t subsidize institutions with billion-dollar endowments like Harvard’s $50 billion. He slams government funding for universities, criticizes student loans for inflating tuition, and urges parents to pull their kids from schools that don’t align with their values, advocating for a free-market approach where colleges survive without public handouts. www.watchdogonwallstreet.com
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Episode Transcript

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Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it will have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski just.

Speaker 2 (00:16):
Cut off the funding to the universities. I'm just annoyed.
I'm so sick and tired of one story after another.
What's happening on this college campus, what's happening on that
college campus. I don't care. I don't care what they
do at Columbia. I don't care what they do at Brandeis.

(00:37):
I don't care what they do at Harvard or Penn.
It doesn't concern me. It doesn't my contention, I've been
saying this all along. Let them do what they want.
If they want to let the kids there take over
the buildings and not go to class, how do I care, unless,

(00:58):
of course, less, of course, my money is going there
in the form of my tax dollars. Ah, that's that's
the problem. Well again in the news, you know all
sorts of funds, tax dollars, your money, my money that

(01:19):
was heading to Harvard, the one with the I don't know,
forty fifty billion dollar endowment. I was going to get
pulled by Donald Trump and Harvard said, no government, regardless
of which parties and power, should dictate what private universities
can teach, whom they can admit and hire, and which
areas of study and inquiry they can pursue. That's from

(01:41):
their president, Alan Garber, And you know what, Alan, I agree,
I agree, I agree. I don't think the government should
get involved. But I also don't think that any of you,
if that's the case, you want to get in bed
with the government's paying you, is give being you money. Well,

(02:03):
you know, maybe they can put some strings attached to that.
And fine, Al, if you don't want any strings attached
to that money, then just don't get any Now. In
El mundo perfecto. Quite frankly, my tax dollars wouldn't be
going to any of these colleges and universities. Let them

(02:25):
price their product based upon what people can afford to pay.
Like I said, I'm against student aid, I'm against student loans,
the whole kick cannonkaboodle. That's what's made the price of
college go up in the first place. How does the
school that has literally a forty to fifty billion dollars endowment.
They're getting tax dollars. It's nonsense. Like I said, you

(02:50):
want you want the inmates to run the asylum. Fine,
I never even understood this. So you had a lot
of the you know, the lot of the Jewish families
upset what was taking place at Columbia. Pull your kid,
Pull your kid. You don't do There's there's plenty of
other colleges and universities all over the country. If you

(03:13):
don't like what they're doing, then don't go there. It's
the same thing if you don't like the food or
restaurant serves, don't go there. However, once again, once again,
they don't deserve a dime of our tax dollars. Watch
dog on Wallstreet dot Com
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