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That’s a silly statement. Fiscal planning should be coordinated internally at each individual school. Some programs make money while others do not.</p>
<p>Regarding elite private universities, Malcolm Gladwell presents an interesting perspective:
[quote]
Halfway through the book, however, Shulman and Bowen present what they call a “surprising” finding. Male athletes, despite their lower S.A.T. scores and grades, and despite the fact that many of them are members of minorities and come from lower socioeconomic backgrounds than other students, turn out to earn a lot more than their peers. Apparently, athletes are far more likely to go into the high-paying financial-services sector, where they succeed because of their personality and psychological makeup. In what can only be described as a textbook example of burying the lead, Bowen and Shulman write:</p>
<p>One of these characteristics can be thought of as drive—a strong desire to succeed and unswerving determination to reach a goal, whether it be winning the next game or closing a sale. Similarly, athletes tend to be more energetic than the average person, which translates into an ability to work hard over long periods of time—to meet, for example, the workload demands placed on young people by an investment bank in the throes of analyzing a transaction. In addition, athletes are more likely than others to be highly competitive, gregarious and confident of their ability to work well in groups (on teams). </p>
<p>Shulman and Bowen would like to argue that the attitudes of selective colleges toward athletes are a perversion of the ideals of American </p>