Politics and The Princeton “hedge fund”

Jay Greene:

Just this week, Barnard University settled a lawsuit stemming from widespread problems with antisemitism on campus. In that settlement, it reaffirmed that it would not use its endowment for political purposes, including sanctioning Israel. And last week, the University of Pennsylvania reached an agreement with the Trump administration to cease having men compete in women’s sports or to be in women’s locker rooms.

There are even reports that both Harvard and Columbia are close to reaching agreements with the Trump administration to remediate their civil rights violations and to unfreeze federal funds.

Soon, Princeton will find itself standing alone in its pursuit of an increasingly politicized university. If it continues to lose public subsidy and doesn’t eventually reverse course, it may find itself reduced to nothing more than a finishing school for wealthy young radicals. Under Eisgruber, it already looks a lot like that.


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