A graduate walks away after a graduation ceremony at Oxford University, in Oxford, Britain July 15, 2017. REUTERS/Hannah McKay - RC1E5D14AC00

Universities are not benevolent institutions that exist only to nurture and enlighten young minds. They’re also cash-hungry corporations eager to eke money out of the students they graduate—a mission made clearer by recent revelations about Oxford and Cambridge.
The two schools—along with the two dozen other universities in the UK’s Russell Group, an association of public research universities that includes University College London and the London School of Economics—are under UK government scrutiny for spying on graduates to boost donations in fundraising drives. According to an investigation from the Daily Mail, the 24 schools illegally hired wealth-screening firms to keep track of students’ salaries, investments, pensions, home values, and friendships without their permission, all to determine which alumni would be likely to donate the most. Details include:
“Personal data belongs to the individual and that means they have the right to make choices about how it’s used,” said Elizabeth Denham, head of …
READ MORE ON QZ.COM