A few years ago, during those quaint stock market boom years, there was a debate in Congress over the value of elite college institutions in America. Senator Charles Grassley, the chair and later ranking minority leader of the Senate Finance Committee, attacked well-endowed schools like Stanford who bring in enormous income from fundraising and investments yet continue to aggressively raise tuition.
During that time, he brought into clarity an important question that an institution like Stanfor....
The Stanford Daily
