A Hedge Fund Billionaire’s College Donations

In a story that is surprising to not a single person with a pulse, a New York hedge fund billionaire, David E. Shaw, is making headlines today for donating over $37 million to several elite universities over the last few years — including Harvard, Stanford, Yale, Princeton, Brown, Columbia, and … 

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The Relationship Between Legacy Admission and Giving

Over the years, we have called many times for an end to the practice of legacy admission, the practice of offering preferential treatment in admissions to the children and grandchildren of a school’s alumni base. But in that same breath, we have also asserted that offering preferential treatment to the … 

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