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The government should levy an 80% tax on this and use it to pay for student loan forgiveness.



To be fair, I hear the Ivies have extremely generous scholarships (probably amortized by the nepotism acceptances). Much fewer people of financial need are graduating these schools in massive debt.


What percentage of college students attend Ivies?


I’m fine with that if the government also levies an 80% total asset tax on high net worth individuals over $5 million, and uses all this money to adequately fund free education for all.




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