Tied to the mast
…but orange now and black

Rich-ass Ivies

Yglesias shares my cynicism about the screams of financial pain coming out of the wealthiest schools in the world. He recommends:

If you want to give money to an educational institution, do some research and find a charter school in your metropolitan area that’s obtaining good results with a demographically unfavorable group of kids. Or find help our a regional public college of little repute that provides valuable educational services and could really use the money.

But the Harvards out there are holding themselves hostage; cutting funding to their academic programs at an unprecedented level with very real and very serious consequences for students and prospective students. Not giving them what they want is just going to make them squeeze harder, and they can squeeze much harder. What’s the fix?

UPDATE: Just noticed the star of David on the tie of the “rich beggar” picture I put up. Apologies.

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