Schools like Harvard have become tax-exempt hedge funds with huge returns. Ending tuition would be a form of payback.
Although Harvard is widely known as one of America's oldest and most prestigious colleges, that public image is outdated. Over the last couple of decades, the university has transformed itself into one of the world's largest hedge-funds, with the huge profits of its aggressively managed $36 billion portfolio shielded from taxes because of the educational... Read More
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