An American millionaire entrepreneur campaigning for election to Harvard’s ruling body has called for the university to scrap tuition fees.
Ron Unz, a high-profile Silicon Valley resident who ran for nomination as a Republican candidate for governor of California, said that Harvard should educate those who win places for free. As part of his campaign to win one of 30 seats on the university’s Board of Overseers, Mr Unz, 54, said that Harvard could fund the tuition through its $35.9 billion (£25bn) endowment fund – the largest in the US.
“It’s a scandal that Harvard hasn’t done anything about this before,” he told The Telegraph. “The university is operating as a massive hedge fund, and the contribution from tuition fees is negligable.