Freakonomics Radio

Podbit · Freakonomics Radio

680. Can Universities Win Back Our Trust?

Explore episode Jul 3, 2026

Where this was said

Reimagining Dartmouth: Financial Aid, Inclusion, and the Infinite Budget Question

At 52:35 · chapter starts 49:20

An anonymous faculty member submitted the question: with an infinite budget, what would you do? Beilock's three-part answer is revealing: she would make Dartmouth somewhat bigger (more students, more faculty), she would fully resource faculty in areas where Dartmouth leads globally — particularly rural health and polar/ice sheet research — and she would take Dartmouth Dialogues to every high school student in the country. But before arriving at the fantasy, she grounds the conversation in reality: Dartmouth is now free for families earning up to $175,000 a year, need-blind and meeting full demonstrated need. Asked what she would do if building Dartmouth from scratch, she acknowledges its history of excluding women (no female graduates until 1976) and Jewish students, and says she would have built diversity in from the beginning.

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