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College and University Discussion
Reply to "Is there any correlation between income and merit aid?"
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[quote=Anonymous][quote=Anonymous]It’s a really broken system, especially as more and more students are subsidized and the cost skyrockets for the few who are actually paying for their education. Higher SES is held against a student at the time of application, and then the actual cost of their education can also threaten to wipe out a significant portion of their family’s wealth, especially if there are multiple kids to provide for over a 5-10 year period. Meanwhile, another student whose education was fully subsidized by others (at a better school, mind you, often leading to more lucrative career prospects) emerges with zero debt and no reduction of their family’s wealth. Wealth redistribution. Just call it what it is.[/quote] Call it what you want but too many people think they’re high income and years of paying for tutors and everything else has made their kid desirable for colleges. Maybe enough for admission but not enough to give merit aid. The college is evening the playing field enabling a student who is talented,driven, intelligent and has persevered through some tough stuff to compete fairly. At the end of the four years the two students should have equal abilities to succeed. [/quote]
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