Noting that it is easy, especially for those inside higher education, to take it for granted, the writer notes that none of his grandparents had the opportunity to go to college, let alone graduate. Among parents, aunts and uncles, a single bachelor's degree was earned. It was the next two generations, benefited by the GI Bill, the subsequent…

The writers call for foundations and educational institutions to build their programs around the goal of increasing educational capital through more open and accountable forms of education grant-making and educational activity. Recognizing that education needs philanthropic foundations to enliven imagination, spur improvements and test solutions;…