This is basically the underlying economic principle of land-grant universities, but privatized.
We Need More Universities
Lyman Stone
5716

Not 100% true — many land-grant universities (especially on the east coast) were granted public lands in the west, which provided income to the school by the sale or management of the grant. Additionally, for all the land-grant universities, the land-grant money went back into the university, at times effectively creating a lasting endowment, rather than into the pockets of private investors. Thus, this seems like a completely unfair comparison, unless the claim is that the investors are essentially providing the money that would have come through the land-grant, and then recouping their investment by managing the surrounding areas. In that, case perhaps a rewrite for clarity would be advisable.

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