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College and University Discussion
Reply to "Can Harvard change it all?"
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[quote=Anonymous]The only people I think this would probably benefit the most is the east coast, dual-income families in that $200K-$300K income range who can't afford full pay, but make too much to get any sort of aid and thus their kids are priced out of Harvard. And these people, as a whole, are already upwardly mobile and their kids generally turn out just fine even if they have to "settle" for state flagship or a lower ranked private school with merit aid. For families making under $150K, Harvard is already very very cheap, even free for a good chunk of the student body (20%). Not quite the same thing, but my home state of Georgia created the HOPE scholarship to make college more accesssible to lower income kids...need to get a certain GPA in HS and you get to go to state schools for a very reduced fee. Well, turns out this ended up benefiting the kids who would've gone to college anyway (i.e. middle to upper-middle class kids) because those were the ones who were overwhelmingly meeting those standards in the first place. Which is OK, I guess, because it's good when you can convince high achieving kids to stay in state, but that's not what the program really aimed to do.[/quote]
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