Universities are highly unequal, but gap isn't growing

There’s a large difference between the resources of wealthy and poor universities, but that difference is mostly stable, according to a new working paper published by the National Bureau of Economic Research.

While some schools, such as Harvard University, have multibillion-dollar endowments, other universities get by on much less. However, the gap between Harvard and less well-off schools isn’t growing, despite concerns that a few institutions may soon dominate the higher education sector.