gold in the ivory tower

[zhenggy]

This is a really interesting op-ed about distributing/taxing the wealth of the richest colleges... I'm not sure I agree with it, mainly because it would affect donations (why would anyone donate if their money could get taxed and given to another school?), but it does have a good point about the discrepancy in endowments.

http://www.nytimes.com/2007/12/21/opinion/21allen.html?_r=1&hp&oref=slogin

a real update coming up soon, i promise