Topic: Harvard Endowment

The conversation addresses the corruption of meritocracy into a rigged, credential-based system that favors wealthy families. Professor Jiang advocates for a return to vocational training and apprenticeship models, noting that the Chinese medical system produces effective doctors through long-term mentorship despite lower academic entry requirements. He contrasts this with the "bloated" American higher education system, where institutions like Harvard sit on massive endowments without contributing to the broader public good.