The Right Way to Fix Universities

The Right Way to Fix Universities
AP Photo/Bebeto Matthews

Tax universities? The unthinkable is now a live possibility. Congressional plans to tax the endowments of wealthy private schools and the tuition benefits of graduate students have elicited outrage from universities and schadenfreude from Trump supporters. Missing in this outcry — and in the pending tax legislation — is a recognition of the long history of reciprocity between academia and government that has incalculably benefited society.

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