> We have a $27 billion endowment. We can easily fund these positions. > Chancellor mcmcmc, 2027: We have a $26 billion endowment.
With that much capital, even conservative management should exceed $100M in interest annually, meaning they could have a $100M+ budget indefinitely. That's enough money to give a couple thousand employees a six figure salary while reserving 2x the salary amount for overhead like benefits, facilities and research efforts.