Why should Americans who don’t go to college or who attend lower cost public universities be subsidizing high-cost private universities, their endowments, and their poisonous ideologies?

Bill Ackman:

Imagine that you and your family borrowed the $360k it costs for four years at @Columbia plus interest at today’s rates.

Regardless of your religious or ethnic background, is this what you signed up for?

Private university mismanagement also begs the question as to why private universities should have the benefit of a tax exemption.


1. Ivy League payments and entitlements cost taxpayers $41.59 billion over a six-year period (FY2010-FY2015). This is equivalent to $120,000 in government monies, subsidies, & special tax treatment per undergraduate student, or $6.93 billion per year.