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The Paradox of Prosperity at America’s Universities

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“But even as universities have driven so much innovation and economic growth, they have also played a role in increasing urban inequality and economic segregation. It’s not just happening in the expensive bedroom communities surrounding universities like Stanford or the gentrifying neighborhoods near New York University, either. As I point out in The New Urban Crisis, college towns like Austin and Boulder also have extraordinarily high levels of inequality and economic segregation.”

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