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Obviously, a lot of non-profits live on donations, and that's a wonderful thing. But higher education can't exist on donations only because, if that were the case, we would have a hard time paying teachers adequate salaries.

We spend more than a million dollars a year on our colleges and university, and it is money well spent; but we must have education that fits not the few but the many for the business of life.

Universities have to tame their budgets, especially for student amenities that have nothing to do with education.

The College Board is officially a non-profit. But all that means is that it doesn't have shareholders and that their financial accountings must be available to the public; it certainly doesn't mean that they're not also into making money.

The university's business is the conservation of useless knowledge; and what the university itself apparently fails to see is that this enterprise is not only noble but indispensable as well, that society can not exist unless it goes on.

I love the idea of a university as away from capitalist values, where people can do things that don't immediately have to pay their way. It's like a monastery in a way, and that beautiful refuge has been destroyed by dogma about what this stuff is for.

I'm forming a charitable institution for education.

Budgets that don't balance, public programs that aren't funded, pension funds that are running out of money, schools that aren't funded - How does that help anyone?

While there are many obstacles that deter students from going to college, finances by no means should be the deciding factor.