If you are paying your employees wages that are not in line with sustainable living standards, aligned with then image you are expecting them to give, you are shortchanging them. You are over-leveraging your attractiveness as a Brand to make them choose a few years as indentured servants, or walk away.

That attitude speaks very poorly of Harvard, but is not surprising. Just another data point that they only want the brethren of the rich, they don’t want smart but poorer talent.