Institutions do have long term needs, and one should not be surprised if they take available Federal money. Harvard and other universities with 11-figure endowm

Institutions do have long term needs, and one should not be surprised if they take available Federal money. Harvard and other universities with 11-figure endowments get millions of "taxpayer aid" each year in the form of Pell grants and subsidized student loans. If you don't like that, change the laws.