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The Cody Blog: Typical Relativity

Monday, January 23, 2006

Typical Relativity

From the WSJ today:

Venture-Capital Bets Swell Stanford's Endowment
Alternative Investments GiveWealthy Schools an Edge; Trinity Can't Afford the Risk

...The big risk: The college education available to most in the U.S. could end up weaker, especially in relative terms...

I have a problem with that statement. I get the logic -- that with more money to offer the best students and the best teachers that the best schools will get even better.

But I fail to see how that "risk" is a "problem". I think it's great to have incredible institutions. And it's not a zero-sum game. The brilliance at the great institutions will shine on the entire system.


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