Legacy and Athlete Preferences at Harvard (2020) [pdf]
legacy student preference is obviously an issue, but my question is why haven't any billionaires started their own universities to compete with the established Ivy league schools that are rejecting talent?Almost all of these elite private universities were started by random rich people and gained prestige over time. Modern rich people seem unambitious compared to people in the past. People forget that Harvard and Stanford are named after people, they weren't always these giant institutions