Yes, they think you're stupid

My "alma mater", Michigan State University, is making the absurd claim that because the initial funding of their $500 million settlement with the victims of Larry Nassar is going to (theoretically) be paid for using bond revenues, that tuition money and funds from the state will not be impacted.  As if, I guess, those bonds will be interest free, and as if this bond issue won't increase the cost of borrowing in the future, and as if repaying those bonds when they mature won't require any money.  For that matter, insurers are going to price their products to account for their portion of the expenses, too.


Sorry, Michigan (and federal) taxpayers, MSU alumni, and present and future Spartans.  You are going to be paying for this in your tax and tuition bills, and portions of gifts to your alma mater are going to this as well.  You might as well get used to it, and do what you can to see that this "unwanted expense" gets the biggest bang for the buck.