There actually are two college systems. One that produces degrees that mean something. The other doesn’t. Harvard is too cheap. Univ of Phoenix is a massive ripoff.
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Still strongly a believer in splitting Harvard’s class in half— the first half full scholarship merit based, the second half minimium test score + vickrey auction for placement
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I honestly don’t know what they’d do with all the extra money though. *ALL* revenue, of which tuition is a minority, accounts for only around 25% of their budget. Modest draw on their comically large endowment provides the rest.
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Lot of failing colleges in Cambridge and close by that make good opportunistic m&a targets for cash rich professional devolopment programs
End of conversation
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