Endowment-linked tax policy funnels greatest resources to mostly-white colleges

Evidence

Why the disparities? Resources. The most selective colleges far outspend the others: on average, 92,000 per student compared with 12,000 spent by less selective colleges. That doesn’t translate to simple math, however: Tuition may be high at the most selective colleges, but it doesn’t necessarily decrease as per-student expenditures do. The missing link when it comes to resources in higher education is college endowments—and, of course, the tax policies surrounding them that keep selective, predominantly white institutions (PWIs) wealthy. — Dorothy A. Brown, The Whiteness of Wealth, 264

Categorization

• XREF: Connects to the nonprofit tax exemption thread she follows; useful concrete data for the reader’s named-provisions project.