Wow, I am really surprised that he didnt say we should spend more on athletics. Sure partnerships and research are good, but they are supplements. The mission of these schools is to educate people.
He is rather contradictory. At one point he says its about teaching -- the next minute he is saying that students are there to .. "help pay the bills." Students should not be there to help pay the bills for research or what not, they are there to learn... and hopefully get a degree and make a positive impact on the world.