The Elite College Cartel

Elite colleges are often perceived as noble institutions focused on education, but they function more like cartels with a vested interest in maintaining exclusivity and prestige. This exclusivity is achieved by manipulating resources and limiting enrollment, which supports inflated tuition rates. For example, despite their significant endowments, these institutions prioritize profits and prestige over expanding access to education. The resulting atmosphere fosters a disconnect between the vast resources available and the minimal impact on improving educational accessibility for all students.