Call It a Ponzi Scheme. Even during the Covid-19 crisis, colleges abuse their economic and reputational privileges.

Many college presidents are terrified that the coronavirus pandemic will devastate their schools’ finances and enrollment. Anyone who cares about a revival of serious learning can only hope that they are right. My latest @CityJournal https://t.co/CUEuAcAES0

— Heather Mac Donald (@HMDatMI) April 10, 2020