Selling of monuments: What does it mean?












4














I am watching the documentary "Free to Choose, Part 6: What's Wrong With Our Schools" at this link



At 20:08, Friedman says:




Many of the buildings and facilities at Dartmouth have been donated by
private individuals and foundations. Like other private universities,
Dartmouth has combined the selling of monuments with the provision of
education and the one activity reinforces the other.




The transcript seems to confirm that this is what he said.



Since I am in Europe and I don't have any experience with US education, what is the "selling of monuments"? Is Dartmouth College really selling monuments like bronze statues? How does it make a profit doing that?










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  • 3




    I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
    – henning
    9 hours ago






  • 1




    It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
    – Daniel R. Collins
    8 hours ago
















4














I am watching the documentary "Free to Choose, Part 6: What's Wrong With Our Schools" at this link



At 20:08, Friedman says:




Many of the buildings and facilities at Dartmouth have been donated by
private individuals and foundations. Like other private universities,
Dartmouth has combined the selling of monuments with the provision of
education and the one activity reinforces the other.




The transcript seems to confirm that this is what he said.



Since I am in Europe and I don't have any experience with US education, what is the "selling of monuments"? Is Dartmouth College really selling monuments like bronze statues? How does it make a profit doing that?










share|improve this question









New contributor




raffamaiden is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
















  • 3




    I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
    – henning
    9 hours ago






  • 1




    It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
    – Daniel R. Collins
    8 hours ago














4












4








4







I am watching the documentary "Free to Choose, Part 6: What's Wrong With Our Schools" at this link



At 20:08, Friedman says:




Many of the buildings and facilities at Dartmouth have been donated by
private individuals and foundations. Like other private universities,
Dartmouth has combined the selling of monuments with the provision of
education and the one activity reinforces the other.




The transcript seems to confirm that this is what he said.



Since I am in Europe and I don't have any experience with US education, what is the "selling of monuments"? Is Dartmouth College really selling monuments like bronze statues? How does it make a profit doing that?










share|improve this question









New contributor




raffamaiden is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.











I am watching the documentary "Free to Choose, Part 6: What's Wrong With Our Schools" at this link



At 20:08, Friedman says:




Many of the buildings and facilities at Dartmouth have been donated by
private individuals and foundations. Like other private universities,
Dartmouth has combined the selling of monuments with the provision of
education and the one activity reinforces the other.




The transcript seems to confirm that this is what he said.



Since I am in Europe and I don't have any experience with US education, what is the "selling of monuments"? Is Dartmouth College really selling monuments like bronze statues? How does it make a profit doing that?







university tuition






share|improve this question









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raffamaiden is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.











share|improve this question









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Check out our Code of Conduct.









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edited 9 hours ago









Buffy

37.3k7119190




37.3k7119190






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asked 9 hours ago









raffamaiden

1233




1233




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New contributor





raffamaiden is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.






raffamaiden is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.








  • 3




    I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
    – henning
    9 hours ago






  • 1




    It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
    – Daniel R. Collins
    8 hours ago














  • 3




    I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
    – henning
    9 hours ago






  • 1




    It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
    – Daniel R. Collins
    8 hours ago








3




3




I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
– henning
9 hours ago




I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
– henning
9 hours ago




1




1




It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
– Daniel R. Collins
8 hours ago




It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
– Daniel R. Collins
8 hours ago










1 Answer
1






active

oldest

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7














Many private schools and other private institutions ask donors for money. Often what they offer in return is naming rights to a classroom or a lecture series. The big items are football stadiums and such.



When I was a kid and our church wanted to build a new school they offered naming rights to things, such as classrooms. The donor would get a plaque. One local library "sells" bricks with brass plaques that are arrayed around the entrance to the building.



Of course, this is in addition to the major donors who put up an entire building or fund a professorial chair.



Usually the "monument" isn't a big thing taking up space, just a visual recognition of a donation. Nor is it usually a donation big enough to actually fund the thing in question. It adds a bit of revenue at little cost. It gives "bragging rights" to donors.



Some publicly funded institutions do the same thing, of course.






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    1 Answer
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    1 Answer
    1






    active

    oldest

    votes









    active

    oldest

    votes






    active

    oldest

    votes









    7














    Many private schools and other private institutions ask donors for money. Often what they offer in return is naming rights to a classroom or a lecture series. The big items are football stadiums and such.



    When I was a kid and our church wanted to build a new school they offered naming rights to things, such as classrooms. The donor would get a plaque. One local library "sells" bricks with brass plaques that are arrayed around the entrance to the building.



    Of course, this is in addition to the major donors who put up an entire building or fund a professorial chair.



    Usually the "monument" isn't a big thing taking up space, just a visual recognition of a donation. Nor is it usually a donation big enough to actually fund the thing in question. It adds a bit of revenue at little cost. It gives "bragging rights" to donors.



    Some publicly funded institutions do the same thing, of course.






    share|improve this answer


























      7














      Many private schools and other private institutions ask donors for money. Often what they offer in return is naming rights to a classroom or a lecture series. The big items are football stadiums and such.



      When I was a kid and our church wanted to build a new school they offered naming rights to things, such as classrooms. The donor would get a plaque. One local library "sells" bricks with brass plaques that are arrayed around the entrance to the building.



      Of course, this is in addition to the major donors who put up an entire building or fund a professorial chair.



      Usually the "monument" isn't a big thing taking up space, just a visual recognition of a donation. Nor is it usually a donation big enough to actually fund the thing in question. It adds a bit of revenue at little cost. It gives "bragging rights" to donors.



      Some publicly funded institutions do the same thing, of course.






      share|improve this answer
























        7












        7








        7






        Many private schools and other private institutions ask donors for money. Often what they offer in return is naming rights to a classroom or a lecture series. The big items are football stadiums and such.



        When I was a kid and our church wanted to build a new school they offered naming rights to things, such as classrooms. The donor would get a plaque. One local library "sells" bricks with brass plaques that are arrayed around the entrance to the building.



        Of course, this is in addition to the major donors who put up an entire building or fund a professorial chair.



        Usually the "monument" isn't a big thing taking up space, just a visual recognition of a donation. Nor is it usually a donation big enough to actually fund the thing in question. It adds a bit of revenue at little cost. It gives "bragging rights" to donors.



        Some publicly funded institutions do the same thing, of course.






        share|improve this answer












        Many private schools and other private institutions ask donors for money. Often what they offer in return is naming rights to a classroom or a lecture series. The big items are football stadiums and such.



        When I was a kid and our church wanted to build a new school they offered naming rights to things, such as classrooms. The donor would get a plaque. One local library "sells" bricks with brass plaques that are arrayed around the entrance to the building.



        Of course, this is in addition to the major donors who put up an entire building or fund a professorial chair.



        Usually the "monument" isn't a big thing taking up space, just a visual recognition of a donation. Nor is it usually a donation big enough to actually fund the thing in question. It adds a bit of revenue at little cost. It gives "bragging rights" to donors.



        Some publicly funded institutions do the same thing, of course.







        share|improve this answer












        share|improve this answer



        share|improve this answer










        answered 9 hours ago









        Buffy

        37.3k7119190




        37.3k7119190






















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