Wealthiest Universities Get 10x the Tax Money as Public


by Anthony Sibley (AJ) on Oct 24, 2014 | Views: 118 | Score: 3
Princeton University (private)College of New Jersey (public)
2011 Government Tax Exemptions and Grants (estimated per student)540001600
US$
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Anthony Sibley (AJ)
Anthony Sibley (AJ) on Oct 24, 2014 7:06 PM said:

Government money-- i.e. taxpayers' dollars-- is given to elite private universities through tax exemptions on their billion-dollar endowments, disproportionately benefiting these schools over those with moderate and high levels of students from working-class or poor families. Some of these deductions are to incentivize research, others because colleges serve the public good. While research is certainly necessary, is it not also imperative that we equip those talented and industrious, especially among our most impoverished, with adequete education to better themselves and this nation?

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