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Cost of Attendance, Undergraduate, Brown University: Full Time Off-Campus. $71,412
Yet, they have billions in investment funds.
I'm 110% in favor of higher education, but not at schools that are run like an exploitation racket. Even state schools, that receive loads of Federal funding, are exploiting students financially. It's insane that it has gotten this bad. Soon, the upper class will be the only ones who will be able to afford an education. In light of everything else, that almost feels intentional.
Apologies for the slight digression here, but institutes of higher education that are overflowing with cash make me see red. You're a school, that's not how any of this is supposed to work.
It is intentional. An educated populace knows when they're getting fucked by the upper class. An uneducated populace believe when they're told giving more money to the rich generates jobs or pleases god.
Brown also owns a large portion of the nicer parts of providence. They’ve been around since the 1700s so that’s how they got so much property and money in the first place. I agree with almost everything you said except the fact that it’s an Ivy League and they’re specifically meant to be prohibitively expensive so you have to be rich or brilliant enough to get a scholarship there. My girlfriend got a full scholarship for Harvard from her government and it is not easy for anyone who doesn’t have money, even with a full scholarship.
If we were talking about the state schools charging close to as much as Harvard and Brown, then I’d fully agree with you.