The Dangerous Wealth Of the Ivy League

I was always rather impressed with the size of the funds these Ivy league schools have. They have enough money that they can sustainably increase the quality of their services year over year. Imagine having a few hundred million in profits from the fund alone each year to work with, you could support a lot of research, equipment and grants.

I don't see the problem with these schools having a huge amount of money. Of course the money could be misallocated, but that would be rather unlikely in such an institution (or i am being naive).

(Cosmic Variance's response to the article)