> I totally agree that Harvard has (and should have) a right to do whatever they want with their institution and admit whoever they see fit. From the article:

> I totally agree that Harvard has (and should have) a right to do whatever they want with their institution and admit whoever they see fit. From the article: "Some people say Harvard is a private institution and it can do what it wants. These people are wrong." "private universities are non-profits." "When John Paulson donated $400 million to Harvard, that was tax-deductible. If we assume his marginal tax rate was 25%, that’s equivalent to him donating $300 million of after-tax money, and then having the government kick in an extra $100 million. Ivy-league universities also earn insane profits on endowments tax-free and are exempt from local property taxes."