Top universities are benefiting from globalization the same way that real estate owners in global cities are...there is an almost endless demand for their produ

Top universities are benefiting from globalization the same way that real estate owners in global cities are...there is an almost endless demand for their product. If all qualified high schoolers from around the world could participate in an auction to win a spot in Harvard or MIT's incoming class, the annual tuition would be hundreds of thousands of dollars. But this only applies to a small cluster of top schools and it drops off pretty quickly.