“Educational Purposes”: Nonprofit Land as a Vital Site of Struggle (Summer 2023)

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“In today’s higher-education landscape, classrooms filled with professors and students have become a minor side business on the increasingly profitable college campus. The greater value of campus land is in its nonprofit tax-exempt status, which serves as a financial shelter for profitable research and private investors. The meteoric rise of the knowledge economy positions schools as financial titans in our big cities and small towns, and the financial arrangements produced by the tax-exemption of nonprofit land is central to their wealth hoarding.”

by Davarian L. Baldwin