Scott Galloway once proposed taxing the endowments of universities that don’t expand their accepted admissions pool in accordance with population growth at a hi

Scott Galloway once proposed taxing the endowments of universities that don’t expand their accepted admissions pool in accordance with population growth at a higher rate. The logic being that these universities are essentially providers of a “Veblen Good” (elite, exclusive status in society) and should be taxed as such.