<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:creativeCommons="http://backend.userland.com/creativeCommonsRssModule"
	>
<channel>
	<title>Comments on: The source of Harvard&#8217;s wealth</title>
	<atom:link href="http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/feed/" rel="self" type="application/rss+xml" />
	<link>http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/</link>
	<description>A posting every day; an interesting idea every three months...</description>
	<lastBuildDate>Thu, 03 Dec 2009 05:00:02 -0500</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.4</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: Paul P.</title>
		<link>http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/comment-page-1/#comment-9275</link>
		<dc:creator>Paul P.</dc:creator>
		<pubDate>Sun, 25 Jul 2004 22:07:42 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.law.harvard.edu/philgtest/2004/06/25/the-source-of-harvards-wealth/#comment-9275</guid>
		<description>&lt;a&gt;&lt;/a&gt;

Ref: &quot;It just shows you that the rules are different when you have money.&quot;

Yes. And given *enough* money...  No rules at all.</description>
		<content:encoded><![CDATA[<p><a></a></p>
<p>Ref: &#8220;It just shows you that the rules are different when you have money.&#8221;</p>
<p>Yes. And given *enough* money&#8230;  No rules at all.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Chris Ryland</title>
		<link>http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/comment-page-1/#comment-9094</link>
		<dc:creator>Chris Ryland</dc:creator>
		<pubDate>Mon, 12 Jul 2004 21:58:25 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.law.harvard.edu/philgtest/2004/06/25/the-source-of-harvards-wealth/#comment-9094</guid>
		<description>&lt;a&gt;&lt;/a&gt;

Well, I&#039;m no big fan of Harvard (my alma mater way back in &#039;76), but, in their defense, they say they provide via scholarships pretty much whatever you &quot;need&quot; to attend school.

In my case, they were quite generous with scholarships, so they&#039;re not just blowing smoke.

But, yes, it does leave many people with backbreaking loans.</description>
		<content:encoded><![CDATA[<p><a></a></p>
<p>Well, I&#8217;m no big fan of Harvard (my alma mater way back in &#8216;76), but, in their defense, they say they provide via scholarships pretty much whatever you &#8220;need&#8221; to attend school.</p>
<p>In my case, they were quite generous with scholarships, so they&#8217;re not just blowing smoke.</p>
<p>But, yes, it does leave many people with backbreaking loans.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: PatW</title>
		<link>http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/comment-page-1/#comment-9074</link>
		<dc:creator>PatW</dc:creator>
		<pubDate>Sun, 11 Jul 2004 17:48:48 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.law.harvard.edu/philgtest/2004/06/25/the-source-of-harvards-wealth/#comment-9074</guid>
		<description>&lt;a&gt;&lt;/a&gt;

Dan Lyke, what the heck are you talking about? If Philip were getting it on with supermodels on a regular basis, he wouldn&#039;t have posted a weblog about getting 3rd world women as surrogate mothers. Frankly, it&#039;s not a bad idea, but only an independently wealthy person even dare to suggest that. Us working stiff will (1) get stoned for making such a statement and (2) lose our jobs or at least lose all chances of a promotion. 

You would think that such an idea is far-fetched, but the late founder of DHL, Larry Hillblom was known to favor Asian teenage virgins, and I&#039;m sure that he got plenty of those. It just shows you that the rules are different when you have money.</description>
		<content:encoded><![CDATA[<p><a></a></p>
<p>Dan Lyke, what the heck are you talking about? If Philip were getting it on with supermodels on a regular basis, he wouldn&#8217;t have posted a weblog about getting 3rd world women as surrogate mothers. Frankly, it&#8217;s not a bad idea, but only an independently wealthy person even dare to suggest that. Us working stiff will (1) get stoned for making such a statement and (2) lose our jobs or at least lose all chances of a promotion. </p>
<p>You would think that such an idea is far-fetched, but the late founder of DHL, Larry Hillblom was known to favor Asian teenage virgins, and I&#8217;m sure that he got plenty of those. It just shows you that the rules are different when you have money.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: M. Strowbridge</title>
		<link>http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/comment-page-1/#comment-9059</link>
		<dc:creator>M. Strowbridge</dc:creator>
		<pubDate>Fri, 09 Jul 2004 21:20:41 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.law.harvard.edu/philgtest/2004/06/25/the-source-of-harvards-wealth/#comment-9059</guid>
		<description>&lt;a&gt;&lt;/a&gt;

Unfortunately, a majority of &quot;strippers, prostitutes, etc.&quot; around the world are those who are forced into the situation by poverty and sheer hunger, and not be the desire for an Ivy League education.</description>
		<content:encoded><![CDATA[<p><a></a></p>
<p>Unfortunately, a majority of &#8220;strippers, prostitutes, etc.&#8221; around the world are those who are forced into the situation by poverty and sheer hunger, and not be the desire for an Ivy League education.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Dan Lyke</title>
		<link>http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/comment-page-1/#comment-9035</link>
		<dc:creator>Dan Lyke</dc:creator>
		<pubDate>Wed, 07 Jul 2004 18:12:09 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.law.harvard.edu/philgtest/2004/06/25/the-source-of-harvards-wealth/#comment-9035</guid>
		<description>&lt;a&gt;&lt;/a&gt;

Search around a bit for the Alan Kreuger and Stacy Berg Dale study about the economic value of an ivy league education.

Universities work primarily as filtering agents; the output of a school is very heavily correlated with the input, the only place a degree really has substantive meaning is that the admissions office has done the interview for ya.

Of course, just like a diamond, the aesthetic of the degree is different. As Philip&#039;s regular shenanigans with supermodels clearly shows.</description>
		<content:encoded><![CDATA[<p><a></a></p>
<p>Search around a bit for the Alan Kreuger and Stacy Berg Dale study about the economic value of an ivy league education.</p>
<p>Universities work primarily as filtering agents; the output of a school is very heavily correlated with the input, the only place a degree really has substantive meaning is that the admissions office has done the interview for ya.</p>
<p>Of course, just like a diamond, the aesthetic of the degree is different. As Philip&#8217;s regular shenanigans with supermodels clearly shows.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: BrianF</title>
		<link>http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/comment-page-1/#comment-9031</link>
		<dc:creator>BrianF</dc:creator>
		<pubDate>Mon, 05 Jul 2004 15:27:43 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.law.harvard.edu/philgtest/2004/06/25/the-source-of-harvards-wealth/#comment-9031</guid>
		<description>&lt;a&gt;&lt;/a&gt;

&quot;a man has to spend 3 months salary on a bunch of crushed charcoal in order to get married&quot;

A lot of men figure out it&#039;s masochism and forgo marriage altogether. Perhaps we should do the same with those expensive Ivy League toys.</description>
		<content:encoded><![CDATA[<p><a></a></p>
<p>&#8220;a man has to spend 3 months salary on a bunch of crushed charcoal in order to get married&#8221;</p>
<p>A lot of men figure out it&#8217;s masochism and forgo marriage altogether. Perhaps we should do the same with those expensive Ivy League toys.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jesse K</title>
		<link>http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/comment-page-1/#comment-9029</link>
		<dc:creator>Jesse K</dc:creator>
		<pubDate>Mon, 05 Jul 2004 06:13:26 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.law.harvard.edu/philgtest/2004/06/25/the-source-of-harvards-wealth/#comment-9029</guid>
		<description>&lt;a&gt;&lt;/a&gt;

Two reasons jump to my mind to explain why Harvard (or any Ivy League school) charges such high tuition, both perhaps cynical.

1) Expensive things are prestigious, flat out. Take diamonds, for example. What practical value can an enormous rock of an engagement ring have for anybody (except maybe to knock out the mugger that sees it from two blocks away and comes running)? Yet, diamonds are rare and expensive, and we&#039;re trained by commercials and by the media to associate them the rich and famous people we admire, then poof... a man has to spend 3 months salary on a bunch of crushed charcoal in order to get married. Is the idea of prestige at universities as constructed as that? No, clearly not, but the cost reinforces it, I think.

2) The higher the sticker price for undergraduate education, the more a university can wring from the federal government in financial aid, before the school knocks the price down, anyway (or sometimes not).</description>
		<content:encoded><![CDATA[<p><a></a></p>
<p>Two reasons jump to my mind to explain why Harvard (or any Ivy League school) charges such high tuition, both perhaps cynical.</p>
<p>1) Expensive things are prestigious, flat out. Take diamonds, for example. What practical value can an enormous rock of an engagement ring have for anybody (except maybe to knock out the mugger that sees it from two blocks away and comes running)? Yet, diamonds are rare and expensive, and we&#8217;re trained by commercials and by the media to associate them the rich and famous people we admire, then poof&#8230; a man has to spend 3 months salary on a bunch of crushed charcoal in order to get married. Is the idea of prestige at universities as constructed as that? No, clearly not, but the cost reinforces it, I think.</p>
<p>2) The higher the sticker price for undergraduate education, the more a university can wring from the federal government in financial aid, before the school knocks the price down, anyway (or sometimes not).</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: rps</title>
		<link>http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/comment-page-1/#comment-9026</link>
		<dc:creator>rps</dc:creator>
		<pubDate>Sun, 04 Jul 2004 02:29:28 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.law.harvard.edu/philgtest/2004/06/25/the-source-of-harvards-wealth/#comment-9026</guid>
		<description>&lt;a&gt;&lt;/a&gt;

Why do top universities charge such high tuition to non-rich students if they have enough money for pointless multi-million dollar construction projects?  What is the point?  How would policy makers defend it if you asked them directly?  I can&#039;t think of any defense for shaking down our (supposedly) best and brightest young folks. Maybe the Ivy League students aren&#039;t really the best and brightest, but rather the richest and most tenaciously ambitious.  That would explain the Bush Administration.</description>
		<content:encoded><![CDATA[<p><a></a></p>
<p>Why do top universities charge such high tuition to non-rich students if they have enough money for pointless multi-million dollar construction projects?  What is the point?  How would policy makers defend it if you asked them directly?  I can&#8217;t think of any defense for shaking down our (supposedly) best and brightest young folks. Maybe the Ivy League students aren&#8217;t really the best and brightest, but rather the richest and most tenaciously ambitious.  That would explain the Bush Administration.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Phil Atio</title>
		<link>http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/comment-page-1/#comment-9019</link>
		<dc:creator>Phil Atio</dc:creator>
		<pubDate>Wed, 30 Jun 2004 12:38:38 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.law.harvard.edu/philgtest/2004/06/25/the-source-of-harvards-wealth/#comment-9019</guid>
		<description>&lt;a&gt;&lt;/a&gt;

I wouldn&#039;t characterize the faculty and research buildings of Harvard as &quot;opulent&quot;, especially as compared to the offices of most Harvard alumni I know. As a research assistant at MIT thirty years ago, while paying what (then) seemed to be outrageous tuition, I worked in a &quot;temporary&quot;  structure built during World War II. Many of the people who worked there thought that MIT must have been bribing Cambridge city officials to keep the building from being condemned.

The great thing about America, however, is that there is so much opportunity. Where else can you fund your dream of attending one of the world&#039;s leading universities by stripping in your spare time?</description>
		<content:encoded><![CDATA[<p><a></a></p>
<p>I wouldn&#8217;t characterize the faculty and research buildings of Harvard as &#8220;opulent&#8221;, especially as compared to the offices of most Harvard alumni I know. As a research assistant at MIT thirty years ago, while paying what (then) seemed to be outrageous tuition, I worked in a &#8220;temporary&#8221;  structure built during World War II. Many of the people who worked there thought that MIT must have been bribing Cambridge city officials to keep the building from being condemned.</p>
<p>The great thing about America, however, is that there is so much opportunity. Where else can you fund your dream of attending one of the world&#8217;s leading universities by stripping in your spare time?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: PatW</title>
		<link>http://blogs.law.harvard.edu/philg/2004/06/25/the-source-of-harvards-wealth/comment-page-1/#comment-9017</link>
		<dc:creator>PatW</dc:creator>
		<pubDate>Mon, 28 Jun 2004 17:26:13 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.law.harvard.edu/philgtest/2004/06/25/the-source-of-harvards-wealth/#comment-9017</guid>
		<description>&lt;a&gt;&lt;/a&gt;

Phil, you should extend a hand to your friend. With your money, you can afford to hire her as, ahem, a personal assistant. :)</description>
		<content:encoded><![CDATA[<p><a></a></p>
<p>Phil, you should extend a hand to your friend. With your money, you can afford to hire her as, ahem, a personal assistant. <img src='http://blogs.law.harvard.edu/philg/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
]]></content:encoded>
	</item>
</channel>
</rss>
