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Donald Trump, the presumptive Republican presidential nominee, has repeatedly cited his education at the Wharton School of the University of Pennsylvania as evidence of his intelligence. On Friday, hundreds of students and alumni issued an open letter to state that they do not want Wharton associated with Trump.

"We recognize that we are fortunate to be educated at Wharton, and we are committed to using our opportunity to make America and the world a better place  -- for everyone. We are dedicated to promoting inclusion not only because diversity and tolerance have been repeatedly proven to be valuable assets to any organization’s performance, but also because we believe in mutual respect and human dignity as deeply held values," the letter says. "Your insistence on exclusion and scapegoating would be bad for business and bad for the American economy. An intolerant America is a less productive, less innovative and less competitive America. We, the undersigned Wharton students, alumni and faculty, unequivocally reject the use of your education at Wharton as a platform for promoting prejudice and intolerance. Your discriminatory statements are incompatible with the values that we are taught and we teach at Wharton, and we express our unwavering commitment to an open and inclusive American society."