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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] +1 million [/quote]
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