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Jeff Yass
The Free Press
Excerpt: I am giving $100 million to the University of Austin because the feedback mechanisms of higher education are broken.
Almost every system that works, works because of feedback. Evolution works because helpful mutations survive while harmful ones die off. Democracy works because voters support effective leaders and remove ineffective ones. Markets work because prices tell producers when to ramp up or scale back. Science works because the data from an experiment tells the scientist how likely their hypothesis is to be false.
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For the good of the Nation, university leadership must seize this occasion to drive essential reforms—a process some began by adopting positions of institutional neutrality and improving policies related to campus protests. Before the end of 2026, I call on every postsecondary institution to describe to the American public your commitments to rigorous teaching, pathbreaking research, and national service—commitments that make our universities a bedrock institution of the American republic.
Now the administration is back with Compact 2.0, formally titled "A National Call to Action to University Presidents and Governing Boards." It includes some rhetorical flourishes intended to make it seem less threatening to teaching, learning and research. But make no mistake: It once again asks colleges and universities to align themselves with a far-right agenda at the expense of students’ education and the public’s well-being.
