Should Rich Colleges Be Forced To Spend Endowment?

There’s a perception “that super-wealthy universities are doing too little with their riches to help students (especially low-income ones) afford college, continuing all the while to raise tuitions faster than inflation. Their proposed solution — forcing institutions with the largest financial endowments to pay out at least 5 percent of those funds a year — would, they argue, compel the institutions to spend more of their own funds.”

The Atrocious State Of Public Intellectualism In America

“Public intellectuals in America are merely ‘one side of an argument,’ so to speak. From the general public’s point of view, they are either Republican or Democrat; liberal or conservative; left-wing or right-wing; pro-choice or pro-life; and so on. Public intellectuals signify or are reduced by the general public to nothing more than a position — and usually an extreme one — on a topic of contemporary social and political concern.”