The Harry Elkins Widener library on Harvard University Campus

College Endowments: Why Even Harvard Isn’t as Rich as You Think

We all assume schools are sitting on a big pile of cash that they could use to lower tuition. Here's why that's not true

Andrew Rotherham

Can Obama Really Lower the Cost of College?

Jason Reed / Reuters

Making schools compete for federal aid is more feasible than an all-out assault on the powerful higher education lobby