Thursday, May 15, 2008

It's Just So Taxing

"It's an industry that made an average profit of nearly 17 percent in 2007 while most Americans could barely keep up with inflation"

I didn't realize colleges don't pay taxes on endowment income. I think I'm sort of with this guy. Though I did read that Harvard grants free tuition to families making under $60K a year so that is something.

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