Hello, this is Victor Davis Hanson for The Daily Signal. We’ve talked about higher education before, but now it’s come into sharper focus with the Trump administration’s deadlock with Harvard University over its unwillingness or inability—whatever term we like to use—to meet the administration’s demands that it ensures an antisemitic-free campus that does not allow people to disrupt classes. It doesn’t use race, after the Supreme Court decision that went against Harvard and said that affirmative action was no longer legal.
Columbia had the same type of disagreement, other campuses are.
I don’t think it’s a wise thing for them to get into a fight with the federal government. If they are dependent on federal funding, these big private marquee universities—Columbia, Harvard, Princeton, Yale, Stanford, Duke—and they want federal money, then the federal government is going to ask for some transparency. And we, the public, really don’t know much about it.
It’s like a rock, a traditional rock on moist ground. You don’t wanna turn it over because there’s going to be things underneath there that you would better not—it would be better not to be seen. And that’s what the public is going to learn about higher education.
Now, what do I mean? I mean loans. These universities are raising tuition higher than the rate of inflation. And that started when the federal government said, “We will ensure these loans for students.” Once that happened, the moral hazard shifted away from the university. So, they have been gouging students for room and board.
I’ll give you an example. Hillsdale College, its room, board, and tuition is about $45,000 a year. It takes no money. Harvard gets about $9 billion in total. Its room, board, and tuition is about $95,000. Same with Stanford. They’re about double what Hillsdale charges. And one of the reasons is that they’re so dependent on federal money and therefore they can spend like drunken sailors.