An interesting notion reported by Newsweek:
Raffling off classroom seats to wealthy foreigners could save struggling American schools.
Here’s one idea for state universities feeling the pinch of budget cuts: sell a few admission spots to overseas bidders. That’s what Dalhousie University’s medical school in Halifax, Nova Scotia, is planning to do. The Canadian med school, which is government subsidized, will hawk 10 first-year spaces at $75,000 each to Saudi Arabia to gin up cash after having lost some funding. Tom Marrie, dean of the med school, tried to ease any concerns. The students “will arrive speaking fluent English and with degrees from North American universities, so we are confident they will fit in well with our student body,” Marrie said.