Cut Off Harvard to Save America - Bloomberg:
...I am no liberal and I'm not preoccupied with the consequences of income inequality. But I can't figure out why the liberal elite that purports to care about inequality isn't asking these questions: Why do we provide favorable tax treatment that primarily benefits these wealthy schools? Why not at least phase out tax preferences to donors and to schools with more than, say, a $200,000 endowment per student? Why allow schools that show legacy admission preferences the right to claim special tax privileges?
Maybe many of these liberal leaders went to one of these highly endowed schools -- and want their children and grandchildren to have the same opportunity.