Hand-wringing and complaining about UChicago's admit strategies

Treating solvency as a constraint isn’t the same thing as trying to maximize institutional wealth. It’s the latter re-orientation (the only way to become one of the best universities is to become one of the richest universities) that threatens U of C’s culture.

[And, to be fair, it’s posters/arguments here that I’m responding do – I have no idea what the school’s rationale for making this change is.]