<p>I’m aware of that, but the finances of Oxbridge are more complicated. The wealth varies from college to college- something you won’t find over here. I’ve been told that the older colleges tend to be much wealthier, although I don’t know how true that is. </p>
<p>[Nearly</a> half of Oxford’s colleges in the red | Higher | EducationGuardian.co.uk ](<a href=“http://education.guardian.co.uk/universityfunding/story/0,14337,1256055,00.html]Nearly ”>Nearly half of Oxford's colleges in the red | University funding | The Guardian )</p>
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And he said he found recent comments that Oxford should be like Harvard and Yale “very strange”. </p>
<p>“Harvard is very rich, while Oxford is very poor,” he said. </p>
<p>“Unless there is a massive infusion of money either from the government or from the private sector, or from parents and students, England cannot afford to have universities that compete with Harvard and Yale.”</p>
<p>[BBC</a> News | EDUCATION | Oxford don quits over ‘fundraising fatigue’](<a href=“http://news.bbc.co.uk/1/hi/education/774621.stm]BBC ”>BBC News | EDUCATION | Oxford don quits over 'fundraising fatigue' )
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