Benjamin Tseng
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higher education

2 dispatches

• Reading Note

The University of California Buys the Ritz-Carlton Half Moon Bay

The University of California's investment arm purchased the oceanfront Ritz-Carlton Half Moon Bay for $193 million—a reminder that top universities are essentially sovereign-scale investment funds with an educational front.

• Essay

Calculating the Financial Returns to College

Despite the recent spotlight on the staggering $1.5 trillion in student debt that 44 million Americans owe in 2019, there has been surprisingly little discussion on how to measure the value of a college education relative to its rapidly growing price tag (which is the reason so many take on debt to pay for it).