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Tiffany Cianci: Why American Families Are Struggling More Than Ever DSH #1464

Digital Social Hour

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The Financial Façade of Elite Universities

This chapter explores the complex financial landscapes of prestigious universities like Harvard and Yale, focusing on their endowments, debts, and the implications of their hedge fund-like behavior. It raises critical questions about the motivations behind liquidating private equity assets amid significant potential losses and assesses the broader impact on the American economy. The discussion highlights alarming trends in bankruptcy rates, wealth disparity, and the influence of money in politics, stressing the need for reform to address these pressing issues.

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