It's well known that elite universities are elitist in their admissions and have over-large endowments. And the elite universities have acted on it, and many of their new classes are very different. And it's well known that the rest of the U.S. educational system is underfunded.

> Sen. Tom Cotton, of all political leaders, suggested taxing private colleges with large endowments, and redirecting funds to vocational training.

It's not a surprise. Cotton and his party see Ivy League universities as institutions of the political opposition, whom they attack and want to punish and diminish.