It’s a grift. Tuition goes up. The fraction of expenditure related to pedagogy goes down. And the university pays no taxes on its investment income. There is a

It’s a grift. Tuition goes up. The fraction of expenditure related to pedagogy goes down. And the university pays no taxes on its investment income. There is an entrenched bureaucracy whose role is nothing more than self-perpetuation. I don’t want the government micromanaging universities, but to retain tax-free status and subsidized student financial aid I don’t think it’s unreasonable that a certain percentage of budget go towards, you know, teaching students.