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College and University Discussion
Reply to "Are top private colleges mainly for poor people now?"
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[quote=Anonymous]The winners here will be schools that can offer merit aid. They will attract the upper middle class families who don't qualify for need based aid but are still price sensitive. So all the good students from this cohort will (continue to) flock to the merit aid schools. The average test scores and selectivity of these schools will improve, making them more appealing to all cohorts. Need only schools will go the way of Trinity--lots of kids on aid and lots of academically challenged holistically approved "test optional" rich kids who couldn't get in anywhere else (but investment banker daddy has $400k to burn)... The pricing architecture is broken. Merit aid is the solution. You make college affordable to the upper middle class and you reward the strongest students in that cohort.[/quote]
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