{"id":487,"date":"2007-12-21T11:29:00","date_gmt":"2007-12-21T16:29:00","guid":{"rendered":"http:\/\/girlwpen.com\/?p=487"},"modified":"2007-12-21T11:29:00","modified_gmt":"2007-12-21T16:29:00","slug":"fat-pockets-and-fat-envelopes","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/girlwpen\/2007\/12\/21\/fat-pockets-and-fat-envelopes\/","title":{"rendered":"Fat Pockets and Fat Envelopes"},"content":{"rendered":"<p><a href=\"http:\/\/bp2.blogger.com\/_AjTpvPO_ddU\/R2vclKGtyVI\/AAAAAAAAAxs\/8SW1xLn0j-k\/s1600-h\/517TQT9Pu1L._AA240_.jpg\"><img decoding=\"async\" style=\"float:left;margin:0 10px 10px 0;cursor:pointer;cursor:hand\" src=\"http:\/\/bp2.blogger.com\/_AjTpvPO_ddU\/R2vclKGtyVI\/AAAAAAAAAxs\/8SW1xLn0j-k\/s200\/517TQT9Pu1L._AA240_.jpg\" border=\"0\" \/><\/a>Herbert Allen has an interesting <a href=\"http:\/\/www.nytimes.com\/2007\/12\/21\/opinion\/21allen.html?_r=1&amp;hp&amp;oref=slogin\">op-ed up over at the New York Times<\/a> today, in case you missed it.  Allen makes a case for a form of revenue sharing among colleges and universities that would allow the poor schools back into the competition for the best teachers and students.  Writes Allen,<\/p>\n<p><span style=\"font-style:italic\">Our graduated income tax system sets varying tax rates based on income levels. Similarly, we could establish standards for the endowments of colleges and universities.<\/p>\n<p>An example: Harvard or Williams (my alma mater) have endowments that are well over $500,000 per student. Why not take the colleges whose endowments exceed that per student amount and tax their capital gains? The tax revenue could then be put into a designated pool and distributed pro rata to colleges under the base level. The college with the lowest per student endowment would get the highest share.<\/p>\n<p>&#8230;I know it won\u00e2\u20ac\u2122t be easy to convince well-off schools to share their wealth. But they should. They should see this act as part of a down payment on their professed mission: to create a stronger, smarter and ultimately more stable society.<\/span><\/p>\n<p>And on a slightly related note, for an interesting look at the pursuit of Ivy gold by a stellar emerging author, <a href=\"http:\/\/www.crucialminutiae.com\/?author=13\">Joie Jager-Hyman<\/a>, keep your eyes peeled this March for a book called <a><span style=\"font-style:italic\">Fat Evelope Frenzy:One Year, Five Promising Students, and the Pursuit of the Ivy League Prize.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Herbert Allen has an interesting op-ed up over at the New York Times today, in case you missed it. Allen makes a case for a form of revenue sharing among colleges and universities that would allow the poor schools back into the competition for the best teachers and students. Writes Allen, Our graduated income tax [&hellip;]<\/p>\n","protected":false},"author":1901,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4124],"class_list":["post-487","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-academe"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thesocietypages.org\/girlwpen\/wp-json\/wp\/v2\/posts\/487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesocietypages.org\/girlwpen\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesocietypages.org\/girlwpen\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/girlwpen\/wp-json\/wp\/v2\/users\/1901"}],"replies":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/girlwpen\/wp-json\/wp\/v2\/comments?post=487"}],"version-history":[{"count":0,"href":"https:\/\/thesocietypages.org\/girlwpen\/wp-json\/wp\/v2\/posts\/487\/revisions"}],"wp:attachment":[{"href":"https:\/\/thesocietypages.org\/girlwpen\/wp-json\/wp\/v2\/media?parent=487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesocietypages.org\/girlwpen\/wp-json\/wp\/v2\/categories?post=487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesocietypages.org\/girlwpen\/wp-json\/wp\/v2\/tags?post=487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}