MORE SCRUTINY FOR HIGHER EDUCATION: “Expanding their scrutiny of spending and other financial practices in higher education, leaders of the U.S. Senate Finance Committee on Thursday asked the 136 colleges with the largest endowments for a wealth of data and analysis about how they set tuition prices, mete out financial aid, and manage their endowments.” A proper response to such a request is “none of your damn business,” but as I’ve noted before, universities have put themselves in a poor position for that.

Here’s the letter (PDF) from Sens. Max Baucus and Charles Grassley.