MIT decries inequality and also wants federal money diverted from poorer-than-average states

Like Harvard, MIT takes an official position that inequality is bad. In an ideal world, all humans would have the same wealth and income and, therefore, all states would have the same wealth and income. Here’s an example from MIT’s official news page:

Inequality is “a threat to America’s values and political system”. MIT is a richer-than-average university and, thanks to the Feds pouring all of the nation’s wealth into higher ed and health care, its Massachusetts home is the richest state (Washington, D.C. is yet richer, but not a state). One would think that MIT would, therefore, refuse federal grant money, preferring to fund itself via state tax dollars and private/endowment dollars. Every dollar refused by MIT could be spent at University of Michigan, for example, a less-rich university in a poorer-than-average state.

Instead of refusing federal money, though, MIT is fighting to keep it while preserving the school’s passion for race-based admissions and Rainbow Flagism. The Hill:

The Massachusetts Institute of Technology (MIT) on Friday rejected the Trump administration’s proposed “Compact for Academic Excellence in Higher Education,” which would have required sweeping changes on campus in exchange for a funding advantage in federal grant awards.

The 10-point memo was provided to nine higher learning institutions last week, requiring reforms such as a rewiring of the admissions process by adjusting the consideration of race or ethnicity, student grading and demanding that transgender women be excluded from women’s locker rooms and sports teams.

I still can’t figure out why the Trump administration wants to fund the Racism League schools. What institution ever changed in response to being showered with billions of dollars? The federal government could send its research dollars to universities that never engaged in race discrimination and/or never adopted Rainbow Flagism as an official religion. The Queers for Palestine universities would find a way to replace the federal funds with state and/or private funds and/or research groups would follow the federal money by moving to to the non-racist universities. Nowhere in the MIT Mission Statement is “hoover up as many federal tax dollars as possible”. In fact, the statement describes MIT as a purely altruistic enterprise working to help humanity and, therefore, anything that MIT can do to reduce inequality would be a positive step:

Here’s an example of two Nobelists moving from MIT to Zurich in response to a “CHF 26 million donation from the Lemann Foundation” (26 million Swiss Francs translates to 32.5 million post-Bidenflation dollars; see exchange rate chart below for how the USD was worth 1.4 Swiss Francs in 2003 and, thanks to the inflation-free environment that Congress has created via deficit spending, is now worth 0.8 Swiss Francs):

The Nobel Prize-winning economists Esther Duflo and Abhijit Banerjee will join the University of Zurich in July 2026. Using external funds provided by the Lemann Foundation, the two researchers will establish a new center for development economics, education and public policy.

“Nobel laureate Esther Duflo proposes taxing 3,000 billionaires to protect the world’s poorest from climate change—and most Americans likely agree with the plan” (Fortune 2024) . After evaluating the $32.5 million deal, the professor who is passionate about making billionaires pay their fair share has decided to move from Maskachusetts (top personal income tax rate of 46 percent, state+federal) to a country that is renowned as a tax haven for the world’s richest people (Puerto Rico is better for U.S. citizens, though).

One thought on “MIT decries inequality and also wants federal money diverted from poorer-than-average states

  1. Consider the following:
    Global top 20 universities by number of ultra high net worth alumni (>$30 million):
    1 United States Harvard University 13,650 $4,769 billion
    2 United States Stanford University 5,580 $2,899 billion
    3 United States University of Pennsylvania 5,575 $1,780 billion
    4 United States Columbia University 3,925 $1,501 billion
    5 United States New York University 3,380 $712 billion
    6 United States Massachusetts Institute of Technology 2,785 $990 billion
    7 United Kingdom University of Cambridge 2,760 $390 billion
    8 United States Northwestern University 2,725 $389 billion
    9 United States University of Southern California 2,645 $548 billion
    10 United States University of Chicago 2,405 $707 billion
    11 United States Yale University 2,400 $777 billion
    12 United States University of California, Berkeley 2,385 $760 billion
    13 United Kingdom University of Oxford 2,290 $349 billion
    14 United States Cornell University 2,245 $483 billion
    15 United States University of Texas at Austin 2,195 $463 billion
    16 United States Princeton University 2,180 $1,126 billion
    17 United States University of Notre Dame 2,085 $179 billion
    18 United States University of Miami 1,970 $691 billion
    19 FranceSingaporeUnited Arab EmiratesUnited States INSEAD 1,965 $356 billion
    20 United States University of California, Los Angeles 1,945

    Equity therefore dictates that if I am to have an even chance to make it big, we also need to reduce and normalize the academic qualifications to get into these schools. It is simply not equitable for them to hoard the best students.

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