Harvard Should Pay Its Fair Share - WSJ

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/harvard-should-pay-its-fair-share-taxation-higher-education-7ebe95db By Richard Vedder Dec. 22, 2023 4:03 pm ET Listen (2 min) What can we do about the corruption of American higher education? Milton Friedman had an idea 20 years ago: Tax the schools rather than subsidize them. That reflected a change of heart. In “Capitalism and Freedom” (1960), he argued that college education had enough “positive externalities” to justify subsidies. But when I was researching a book in 2003, I emailed him (then 91) and asked if he still believed that. He replied: “I have not changed my view that higher education has some positive externality, but I have become much more aware that it als

saved by

• Gaurisha Dewan