WE NEED TO DO SOMETHING ABOUT ACADEMIC INEQUALITY! Moody’s: Rich Colleges and Universities Are Getting a Lot Richer. “The 10 richest universities in America hold nearly a third of the total wealth, in cash and investments, amassed by about 500 public and private institutions. The 40 richest hold almost two-thirds of the total wealth.”

Perhaps we need to tax “excess” endowment holdings, and earmark the money for Pell Grants.