[Richard Kimball]

State colleges also receive money from the state, so their income is roughly 2X tuition. Schools like Harvard have such large endowment funds that at this time, they could allow every student to attend for free, and still turn a profit.

Most of the colleges I've seen are very wasteful with their money. Stanford, for instance, caught a lot of flak for buying a $10,000 antique toilet. College presidents spending hundreds of thousands of college dollars to redecorate their personal houses have also become epidemic.

Community colleges and lesser known public colleges are probably the best deal if you're looking for an education. Colleges like Harvard and Yale are best for making connections with the big money people. Texas A&M has in incredibly active alumni group, and Aggies are notorious for preferring to do business with and hire each other.

In most instances, the college degree is only a ticket punch. Many businesses now require one simply as a schmuk strainer. They don't really care where you got one.

[VOA]

Stanford, for instance, caught a lot of flak for buying a $10,000 antique toilet.

That would have been an antique Italian commode.

And IIRC, Rep. Cunningham had a similar item in his collection of
ill-gained loot.

I guess I'm deficient in high-class fraud smarts...but what sort of
siren songs do antique Italian commodes sing to high-roller crooks and
money-crazed academics?
I just don't get it.
Maybe the things have bronze plates proudly claiming that "Casanova sat here".