I hope this continues. Then, we will see legislation pass to re-classify endowment funds as hedge funds. CMU has $3 Billion of assets in its endowment portfol

I hope this continues. Then, we will see legislation pass to re-classify endowment funds as hedge funds. CMU has $3 Billion of assets in its endowment portfolio. Endowments have been getting a free ride in terms of tax treatment, disclosure, and other activities that are regulated for hedge funds. Now that they're upsetting the elite class, the class will respond by re-classifying endowments as hedge funds. Affirmative action isn't the only racist policy that universities have been practicing. They've also been racially discriminating tuition subsidization. With re-classification of endowments as hedge funds, their activities will become transparent. Scrutiny over subsidized tuition will become possible. Black students receiving a disproportionate amount of subsidy, for instance, will be an act of racial discrimination, and financially regulated entities like hedge funds cannot racially discriminate.