I don't know if the facts are true from Glenn Beck, but if it is true I completely agree with his arguements. Harvard is currently in the wealthiest 1% of America and has a cash endowment equaling the Bill and Melinda Gates Foundation, which is about 37.7 BILLION dollars. Harvard continues to increase expense of tuition and dorm to their students while they make an estimated 23% a year. with 300 million a year, barely 1% of their total endowments, they can make education at Harvard free for all their students. Now some a**hole who happens to be Harvard's associate vice president for government, community and public affairs says that "this would put us at a competitive disadvantage toward the commonwealth." this is my own input, WTF does that mean? What disadvantage? if anything Harvard would get even more applicants, even more brilliant minds, and even more inspiring people knocking at the door for a chance at one of America's greatest education for FREE. The whole irony here is that 70% of them say they view themselves liberals and they choose to be conservative when they want to be, and the Glenn Beck calls them just what they are, hypocrits. Again if Glenn Beck's sources and information is true, i seriously think that Harvard and the wealthiest 1% of colleges, (doesn't say in the article, but i'm guessing MIT, Princeton, Yale, and possibly Duke) should make their education free. But then again, there is that whole correlation where students that are financially responsible for their education in college tend to have higher graduation rates...
http://www.cnn.com/2008/US/05/14/beck.collegeendowment/index.html This is the article where i got everything.
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