<p>Actually, my point in my post was intended to be that colleges are missing a lot of tuition money by not charging the very wealthy a fair share. I think if college tuition mirrored the tax code, then most of us could pay far less and the extremely wealthy could pay an amount that was much more proportionate to their ability to pay. I think the end result is that the cost of attendance would be lower for the vast majority of students - and colleges would reap greater tuition funds.</p>
<p>Why should Donald Trump pay the same as me to send his kid to Harvard? It constitutes half our after-tax income to send our child there. It probably constitutes 1 percent or less for The Donald.</p>
<p>In general, I’m against class warfare but if we are going to try to extend the opportunity to attend these schools as broadly as possible, then that would be, I think, a very good way of doing it. As it stands, colleges charge the super wealthy a pittance of their wealth and then hope for endowment contributions.</p>