To quote the summation of the link below, "Rider University is unironically announcing that a company that produced steel bridges from 1999-2017 in and around Shanghai has developed a sudden passion for classical singing and sacred music, and is excited to run a higher education conservatory in Princeton, New Jersey and keep them afloat as an angel investor." https://www.reddit.com/r/ChapoTrapHouse/comments/7zhjlk/peak_neoliberalism_private_university_fires_all/
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