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STEPHEN MOORE: Stop Pretending Colleges Are Not-For-Profit Institutions

17 0
14.01.2026

Here’s a recent story from the Chicago Tribune that jumped off the page when I read it. Northwestern University (NU), located outside of Chicago, is finishing up the construction of a new $800 million football stadium.  This is supposedly a nonprofit “educational” entity.

Uh huh.

Northwestern – an “institution of higher learning” is flush with cash. It has an endowment of nearly $15 billion, and the tax-free donations keep flowing in.

As a kid who attended NU games, I can attest that the old Dyche Stadium was a great place to see a game. For one-tenth the cost of this new palace, the old stadium could have been refurbished.

Almost all of the $800 million for the lavish Taj Mahal football stadium on the shores of Lake Michigan rivals the professional sports arenas with luxury skyboxes and opulent décor and was donated to the school with tax-deductible dollars. About half the money came from Pat Ryan, a multi-billionaire. No word yet as to whether the Northwestern stadium will come with hot tubs in the end zones. (RELATED: Vast Majority Of Americans Say 4-Year College Just Not Worth It, Poll........

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