Dec 18, 2019, 12:01 PM
You want to know the source of the disease in this era of pseudoscience, sophism, and denial.
Harvard and Stanford hide overhead vs instructional salaries.
MIT’s financial report is Soviet in its obscurantism.
Yale doesn’t. Yale is ~50% overhead and 50% instructor salaries.
Here is Harvard’s business plan: “Undergrad: Who is most likely to contribute to endowment?. Grad: Who is going to cost us the least to serve as a research workforce?”. Harvard is a 4B a year industry