Reply to Is binding ED the next shoe to drop?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s she unfair but benefits the wealthy so won’t go anywhere.[/quote]

You do realize the wealthy, full-pay families are what provide so many benefits to the students who can’t afford full-pay, correct?[/quote]

Can you cite the benefits you are referring to? Please provide specific examples. [/quote]

Merit and FA at many schools.  If a school agrees to "meet all financial need", the federal govt is not providing the vast majority of it---it's coming from the school.  Because the school has determined they are a better school if they have a variety of students from all income levels.  So they give out up to full cost of attendance in FA to students who "qualify" so they can attend a 90K university.

And they do that for "whatever level of need you have".  Some kids it's $20K, others its the whole $90K, and some it is nothing. 
Where do you think the merit awards come from at universities?  Some form of endowment.  
But everyone who is FULL PAY means the university has to give out less aid for the other students.

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