<p>What a dumb article. Yeah, Princeton is rich. What’s the guy’s point? Princeton is not in any way representative of 99% of colleges in the US. Every op-ed writer with an ax to grind loves to quote Whitman’s description in order to demonstrate some kind of supposed excess that plagues higher education as a whole, while totally ignoring the actual facts of the issue - that most universities struggle, and that colleges as rich as those they refer to almost exclusively in their articles are rare indeed.</p>
<p>The point about price discrimination is also dumb. Yes, it’s price discrimination. So? If people don’t like differential prices based on income, they’re welcome to pay full freight (worth noting that it’s not even full freight, since tuition costs at Princeton et al. are only a fraction of the actual cost of the education).</p>