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by ayakang31415
629 days ago
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The problem with this approach is that the private universities still get benefits of federal funding through student aids and research grants. If no federal money was used for the undergraduate students, I would have no problem with this. Private university can do whatever they want with their admission as long as no public money is spent on the admission process and the admitted students. |
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The bigger problem is their endowments and tax exempt status. The amount of wealth going through top universities is insane, with schools like Stanford and Harvard becoming appendages to giant hedge funds.