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by tinalumfoil 1357 days ago
I'm not sure the economics of paying for everyone's tuition, but I don't think this is the issue here. NYU has a $6 billion endowment (~100k/student, projecting modestly from Wikipedia's numbers) and costs nearly $40k in tuition after aid. They're flush with money, and so is the average student (or their family at least). Harvard of all places is known for grade inflation, so I don't think low standards is a money problem.