When Should McGill Go Private? (Part 3)
Over the last couple of days, we’ve seen how McGill could at least theoretically survive leaving the public higher education system and cope with a loss of its $272 million teaching grant. About 85% of the resulting funding gap could be closed on the revenue side; the rest would need to come from internal re-allocations (basically, shifting away from graduate studies and losing a faculty or two). Probably the biggest implication of abandoning public funding is that the numbers don’t work