Pedestrians walk past a statue of former Princeton University president John Witherspoon near the Firestone Library on the school's campus in Princeton, New Jersey, U.S., on Monday, June 21, 2010. Princeton University, the fourth-richest institution of higher education in the U.S., paid more than $10 million last year to its prosperous New Jersey community. Municipal officials and residents say the college, whose land holdings are mostly tax-exempt, should do more as they look to close budget shortfalls. Photographer: Emile Wamsteker/Bloomberg via Getty Images