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One solution might be to tax university endowment dollars that aren't being spent on research. Just look at Harvard, which has ~$30B under management. What if t
by replicatorblog 9y ago
One solution might be to tax university endowment dollars that aren't being spent on research. Just look at Harvard, which has ~$30B under management. What if there was a steeply graduated tax on that wealth, which could be avoided if the university did more research? It would force Harvard to accept more students, fund more research, and live up to its creed as a research university, rather than operating like a hedge fund that offers some classes. Repeat at Yale, Princeton, and other well-endowed uni's and we wouldn't have anything to worry about.