Yes, endowed private universities should not be eligible for federal funding. It should be based on a per seat basis, with some scoring on how useful the seats

Yes, endowed private universities should not be eligible for federal funding. It should be based on a per seat basis, with some scoring on how useful the seats generate employment with some lag to avoid flooding market with education seats that don't result in jobs (ie: what happened during the current student debt crisis where these colleges promising interesting jobs didn't deliver). San Francisco's Academy of Art University is an example of incentives gone bad. Students can get debt, debt goes into pockets of university, student's get an education that is worth less than the debt.