$5.3B Goes to Students Who Government Says Don’t Need It
28th November 2011
The schools use the money — more than 20% of all U.S. financial aid — to compete for applicants who have high grade-point averages and SAT scores. Some discounts serve another purpose: They lure high-income families that can write a check for the rest of the tuition.
My, what a surprise. Aren’t you surprised? I’m sure surprised.
November 30th, 2011 at 19:57
As has been said, markets work even if you don’t want them to.