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How Gross Inequalities in Institutional Wealth Distort the Higher Education Ecosystem and Shortchange the Vast Majority of Middle- and Lower-Income Undergraduates

Confessions of a Community College Dean

The consequence: the richest institutions can fully fund the education of lower-income students, while the vast majority of working-class and lower-middle-class undergraduates must take out loans to pay for their education. Swensen, taking advantage of alternate assets, including hedge funds, private equity and natural resources.