January 25, 2008

SHOW AND TELL FOR RICH UNIVERSITIES: “Now that the Senate finance committee has requested – the New York Times said ‘demanded’ – that the nation’s wealthiest colleges and universities supply detailed information about their endowments and financial practices, it seems clear that college cost is emerging as a long-running, popular and bipartisan issue.” One might ask why this is any of Congress’s business, but universities are, at this point, in a poor position to raise such objections.

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