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Direct linkKimball, Bruce A.; Johnson, Benjamin Ashby – History of Education Quarterly, 2012
Rather than banking enormous gifts, Harvard University built its wealth by adhering to a coherent strategy that gradually became the common sense--the prevailing ideology--of how to build and maintain the wealth of private universities. President Charles W. Eliot formulated this "free money" strategy over the course of his administration from 1869…
Descriptors: Educational Finance, Ideology, Private Colleges, Universities
