A Nongovernmental Disbursement Structure to Fund Research (opens in new tab)

There is no perfect way to fund higher education. Relying chiefly on tuition favors wealthy students and results in underfunding of the research mission of most colleges and universities because students who see themselves as customers understandably would prefer that the money they spend produce concrete benefits to them in the form of teaching and administrative services rather than add to the general storehouse of knowledge available to all of humanity. Relying chiefly on donors risks dire...