Three recently deceased college graduates, one from Harvard,

Three recently deceased college graduates, one from Harvard, one from Baylor
and the last from Texas A&M, showed up at the Pearly Gates. The Gates were
in desperate need of repair, so St. Peter asked the three potential angels
to make a bid on the repair project. Since they all agreed, St. Peter gave
each of them a copy of the specs and said, "Study them overnight and have
your bids ready in the morning." The next morning, St. Peter asked the
three, "What are your bids?" The aggie bid $3,000. "What's the breakdown?"
St. Peter asked. "A thousand for labor, a thousand for materials, and a
thousand for overhead and profit," replied the aggie. St. Peter jotted down
the figures and asked the Harvard man, "What's your bid?" After the Harvard
man replied "Six thousand" St. Peter asked him for the breakdown. "Two for
labor, two for material and two for overhead and profit." St. Peter, frown-
ing at the second bid, turned to the Baylor grad and asked, "Can you do any
better?" "Nine thousand," said the Baylor grad. "NINE thousand?!" thundered
St. Peter, "What is YOUR breakdown?" The Baylor grad confidently replied,
"Three for you, three for me and three to get the aggie to do it."