[NativeNewYorker]

This is brilliant. Every school in the Golden State can instantly raise its all-in tuition by $500*(1+tbill yield), pocketing the windfall...

[ProtectOurFreedom]

This is brilliant. Every school in the Golden State can instantly raise its all-in tuition by $500*(1+tbill yield)...

Close, but you forgot the magic of compounding. They can instantly raise tuition by $500*(1+tbill yield)¹⁸. That's a MUCH BIGGER number.

[cornelis]

This is brilliant. Every school in the Golden State can instantly raise its all-in tuition by $500*(1+tbill yield), pocketing the windfall...

And serpentine.