Earlier quoted context omitted.
It's a shame how academy ends up being unaccessible for many people, even though they receive a lot of endowments... while there are a lot of ways to make them more accessible! Like: online courses... or... What about the white elephant in the room? The cost of social events and Ivy League athletes/sports. I don't have anything against those, but if I were in a position of power in one academic entity, I'd definitely…
You don't need to do anything regarding Ivy League sports to be involved with the academy, how is this relevant?
Usually this extra cost is not explicit, though, as nowadays most students have to get a loan to attend university. This wasn't always the case.