Students and faculty at top universities simultaneously celebrate their institution's exclusive, meritocratic nature while espousing rhetoric about interrogating hierarchies and promoting egalitarianism. This fundamental contradiction creates internal anxiety and contributes to public perception of hypocrisy.

Elite universities with massive endowments and shrinking acceptance rates are betraying their public service mission. By failing to expand enrollment, they function more like exclusive 'hedge funds offering classes' that manufacture scarcity to protect their brand prestige, rather than educational institutions aiming to maximize societal impact.

The fierce debates over DEI and affirmative action are a symptom of artificial scarcity. Instead of fighting over who gets in, elite universities should focus on admitting more students, which would alleviate the anxiety and dissent, much like in junior colleges.

Elite universities use "early decision" to tempt applicants with higher admission rates. The catch: accepted students must attend, losing all power to negotiate financial aid. This lack of competition allows universities to inflate prices unchecked, creating artificial scarcity that benefits the institution.

Despite their non-profit status, university administrators and faculty act as capitalists focused on increasing compensation while reducing accountability. They leverage artificial scarcity, cheap government-backed credit, and accreditation barriers to raise tuition faster than inflation, effectively exploiting the middle class under a veneer of nobility.

Higher education dramatically improves income, health, and civic outcomes. If it were a pill with these effects, hoarding it would be seen as a moral failure. Yet elite universities, by restricting admissions despite vast resources, are effectively hoarding this life-changing 'drug,' limiting social mobility.

Top universities operate like luxury brands such as LVMH by creating artificial scarcity, rejecting the vast majority of applicants. This strategy boosts their perceived value, allowing them to charge exorbitant tuition at incredibly high margins, effectively transferring wealth from middle-class families to university endowments, faculty, and administrators.

Top universities with billion-dollar endowments should lose their tax-free status if they fail to grow enrollment. By artificially limiting admissions, they behave like exclusive luxury brands (e.g., "Birkin bags") that cater to the wealthy, rather than fulfilling their mission as engines of social mobility and public service.

Most elite universities measure quality by their low acceptance rates. ASU's President Michael Crow flipped this model, defining success by the number of students they include and support, arguing that exclusivity is an outdated, elitist metric that ill-serves a democracy.