A lot of the prestigious schools in the United States could not charge tuition going forward for decades and be fine financially still, they have massive endowm

A lot of the prestigious schools in the United States could not charge tuition going forward for decades and be fine financially still, they have massive endowments. Harvard, Yale, University of Texas, Stanford, Princeton, Massachusetts Institute of Technology, University of Pennsylvania, Texas A&M, University of Michigan, Northwestern University, Columbia University all have 10-30 billion EACH. Roughly 100 colleges in the United States have endowments exceeding 1 billion dollars. Even with a billion in a broad market index fund they could burn 30 million a year and likely never run out of money, I think the most expensive tuition in the country is like 60k or some such, so the poorest of those 100 schools could take at least 500 students a year for free and not go broke. There are about a dozen universities in the United States that have research budgets alone exceeding 1 billion dollars a year. Kinda makes you wonder why college tuition is so expensive at those 100~ schools... And I don't think those endowments include real estate value or income from IP the schools own thanks to research conducted there.