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College and University Discussion
Reply to "What would happen if ED was outlawed?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe the solution is limited ED. No more than 25% of the class, maybe? Enough to cover a reasonable amount of FA, but not so much that families who need to compare offers feel locked out.[/quote] If you need financial aid beyond what the NPC shows apply RD. It kills me that people are so entitled that they expect private institutions bend to their whims rather than their own priorities. We're full pay so my preference would be that schools drop all institutional financial aid and set their prices accordingly but I accept that this doesn't fit their institutional priorities and that they are unlikely to accede to my preferences.[/quote] This is a situation where institutions that get huge subsidies from taxpayers are then setting policies that reward taxpayers for putting themselves in a position where they can't comparison shop based on price. personally, I can pay full price for any college for my kids but I still think that ED potentially violates anti-trust law and if not should be considered to be incompatible with being a tax exempt/non-profit institution. If colleges want to continue to have ED they could, but they should be paying taxes on their endowments. [/quote]
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