Question
Which source of income used to run a college or university would be considered passive income?
tuition (fees paid by students)
donations from alumni (ex-students)
interest from money kept in savings
sales from on-campus cafeterias, book stores, dorms, etc.
tuition (fees paid by students)
donations from alumni (ex-students)
interest from money kept in savings
sales from on-campus cafeterias, book stores, dorms, etc.
Answers
GPT-4o mini
Among the sources of income listed, **interest from money kept in savings** would be considered passive income. Passive income typically refers to earnings that require minimal effort to maintain, and interest earned from savings accounts fits this definition as it is generated without active involvement in day-to-day operations.
In contrast, tuition from students, donations from alumni, and sales from on-campus facilities generally require active engagement and effort to generate, making them less passive in nature.
In contrast, tuition from students, donations from alumni, and sales from on-campus facilities generally require active engagement and effort to generate, making them less passive in nature.