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...penalties or a required annual payout to direct funds to tuition assistance. Sen. Chuck Grassley (R-Iowa), ranking member of the Finance Committee, called on the top universities to rein tuition costs. “It’d be good to see the very elite institutions, with the richest endowments, take the lead and create a ripple effect throughout higher education to make college more affordable for everyone,” Grassley said in a statement to The Crimson. Jill Gerber, Grassley’s press secretary, said it is unlikely that the Finance Committee will take immediate action...
Although Bill Gates, the richest member of this year’s Forbes 400, is Harvard College’s most famous dropout, 42 people on the elite list actually did complete a Harvard degree. Of all the universities in the U.S., Harvard currently has the highest number of alumni recognized by Forbes magazine’s annual compilation of the wealthiest men and women in the nation. Stanford ranks second with 30 alumni, and the University of Pennsylvania ranks third with 24. Harvard Business School is the most well-represented division of the university, with 28 graduates...
...After the release of Bee Movie, Seinfeld plans to return to being a stand-up comic and quasi-stay-at-home dad. Home for Seinfeld (who made a reported $225 million for Seinfeld's syndication alone and appears almost annually on Forbes' list of richest celebrities) is an apartment overlooking Central Park. It's also an estate in the Hamptons, on Long Island, that he purchased for $32 million from Billy Joel in 2000 and a new spread in Telluride, Colo., not far from Tom Cruise's place. He keeps his collection of Porsches (he won't say how many...
It’s the richest country in the world, its flag is red, white, and, blue, and its population has a life expectancy of 79 years...
...That's a bold statement. It's also utterly specious. As every high-school biology student knows, evolution is neither a tidy nor quick process. Even if Clark could somehow prove that prosperity is hereditary - survival of the richest, he terms it - it doesn't follow that genetics, rather than geography or blind luck, caused Europe to industrialize before the rest of the world. Isn't it just as likely that innovations such as the steam engine, and the exploitation of its colonies, made England wealthy? And Clark's social Darwinism doesn't explain why equally stable and sophisticated societies...