So could a fraction of the endowments at elite schools. The numbers are so large today billions almost seem normal. Why are college degrees so expensive when endowments are so large? Answer; because no one would care if you had a degree from Harvard if everyone could afford to go there. You don’t go to Harvard to learn, you go for the diploma.
"Harvard has a $50 billion endowment fund, which easily could cover the cut of $3.5 billion in grants."
The people outraged at this suggestion are the ones saying that Musk could've ended world hunger with his twitter purchase money.
So could a fraction of the endowments at elite schools. The numbers are so large today billions almost seem normal. Why are college degrees so expensive when endowments are so large? Answer; because no one would care if you had a degree from Harvard if everyone could afford to go there. You don’t go to Harvard to learn, you go for the diploma.