Originally published at: Billionaire hands UMass Boston grads $1000 in cash with their diploma | Boing Boing
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Only $1000?
Cheap wealth-washing bastard.
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Thanks, I guess I’ll use this $500 towards the $250K of debt I’ve accumulated while here.
Tax the rich. Tax them almost everything they’ve got. If they complain, tax them more.
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“Hale encouraged the graduates to pay it forward, urging them to donate one envelope to a charity of their choice.”
While he sat on nearly $5Billion.
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Right?
Hoard money and you’re a hero.
Hoard anything else, you’re a weirdo.
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Dragons were good.
In this essay…
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Receiving a relative pittance from a billionaire after several years of effort seems…a little on the nose…as a marker of the completion of your preparation to enter the workforce.
They are strictly better off than the ones doing the same thing without the thousand bucks; but as symbolism goes it’s a pretty solid contender among abasement rituals that can be conducted without risk of assault charges.
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This is going to help pay off those outrageous broker fees when I cash in my trust fund!
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And use this guy’s tax dollars specifically to reinvest in public colleges.
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Does he think that’s a lot of money? I mean…as a broke new college graduate in 1991, I would have loved $1,000 cash, but even then, that wouldn’t have been enough to do much with. It would have been gone within 3 months even if I didn’t make any special purchases. This is purely performative. “Look how generous I am! I’m one of the good rich people!” Ridiculous.
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He probably thinks that the proles who attend UMass think it’s a lot of money…
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$1000 might have covered my textbooks for a couple of semesters back in the day… 
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Two months of tuition for me.
Yay.
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Fees or no fees?
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Just the college tuition, so not materials or textbooks or travel or food or lodgings or bills.
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Right? $1k doesn’t even cover one month of rent. Anywhere. Not even for a 250 sft studio.
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That’s nice. But $1000 won’t pay/will barely pay for next months rent.
It reminds me of that Simpson’s episode where Bart busts his ass to clean up an old lady’s yard, and she’s a bit out of touch with what things cost and pays him 25 cents.
Or Arrested Development, with how out of touch rich people are.
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At the rate of $2.5M per year, he can do this for the next 2,000 years. It’s not good to lose sight of how much a billion dollars is.
I had a high school friend, upon graduating, his parents gave him a card with ten slots, each containing a $100 bill. They either didn’t know or didn’t care he cheated on his is exit exams and was functionally illiterate.
Nice one!
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It might not sound like much but I would have gladly taken it. It would cover the cost of a fancy celebratory dinner somewhere.
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