Skip to content
Harvard Magazine
Editor’s Highlights

Sign up to be notified of new issues.

See a sample newsletter
Skip to primary navigation
Online Only > Categories > Alumni Writers

The Harvard Hedge Fund?

May 14, 2008

 
E-mail to a Friend
Forward this page to a friend
Enter multiple addresses on separate lines or separate them with commas.
(Your Name) has forwarded a page to you from Harvard Magazine
(Your Name) thought you would like to see this page from the Harvard Magazine web site.

A blog post by Matthew Yglesias ’03 has sparked quite a lively debate about whether Harvard deserves its tax-exempt status. This is all a response to a bill being debated in the Massachusetts legislature to tax college endowments exceeding $1 billion.

Yglesias, a blogger for TheAtlantic.com, starts by quoting another blogger’s comparison of Harvard’s endowment to “a $40 billion tax-free hedge fund with a very large marketing and PR arm called Harvard University.” Comments from site visitors draw in a cornucopia of related issues: tuition, financial aid, admissions policies, the general role of elite universities in society.

You can even add your two cents if you scroll down to the bottom of the page.
E-mail to a Friend
Forward this page to a friend
Enter multiple addresses on separate lines or separate them with commas.
(Your Name) has forwarded a page to you from Harvard Magazine
(Your Name) thought you would like to see this page from the Harvard Magazine web site.

Add a new comment

Your email address is kept private and will not be shown publicly
  • Allowed HTML tags: <a> <em> <strong> <ul> <ol> <li> <blockquote>
  • Lines and paragraphs break automatically.
  • Web page addresses and e-mail addresses turn into links automatically.
  • SmartyPants will translate ASCII punctuation characters into “smart” typographic punctuation HTML entities.

More information about formatting options

Copyright ©1996–2009
Harvard Magazine Inc.
Contact the webmaster