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6 - Elite Universities as Luxury Brands

from Part II - Local and Global Dimensions

Published online by Cambridge University Press:  22 July 2022

Mario Biagioli
Affiliation:
University of California, Los Angeles
Madhavi Sunder
Affiliation:
Georgetown University School of Law

Summary

The 2019 college admissions bribery scandal revealed uncomfortable truths about elite higher education and its conspicuous consumption. In this chapter, I explore the legal implications of treating higher education as a luxury good reflecting wealth and status. Like luxury goods companies, elite universities are regarded as owners of luxury brands. Just as companies such as Louis Vuitton, Ferrari, and Hermès own brands that enjoy a high level of exclusivity and serve conspicuous consumption, so too do elite universities. In the minds of many, Harvard, Stanford, and Yale are analogous to Louis Vuitton, Ferrari, and Hermès. This “luxurification” of higher education, however, perpetuates class division and violates the right to education.

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