With the exceptions of a few production methods created by university researchers, and the odd campus ice cream, meat, cheese shops, no university creates wealth.
No service industry creates wealth. One might reduce expenses through better services, but universities, like governments, merely reallocate or concentrate wealth taken from others. My northern Virginia suburb is a great example. Many industrial companies have offices here, but nearly none of them make anything here, and the offices wouldn’t be here either if DC wasn’t a short drive away. In spite of the lack of wealth creators here, five of the richest counties in America circle DC.
You walk down sidewalks in D.C. and you can just feel the money bubbling up through the cracks at you.
Money that was all stolen from productive Americans.
Likely no one does anything really productive within a 70 mile radius.
I am rapidly coming to the same conclusion.