Reply to Amount of Endowment Tax Liability Expected for 25 Elite US Universities

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are we supposed to feel sorry for Harvard and Yale?!

They had it coming - way too much wealth concentration used to let in kids that have no business being there based on race, FGLI, etc. [/quote]

Sure, why don’t Harvard and Yale just go back to admitting rich, white males like they did 60+ years ago. All of them definitely deserved to be there. [/quote]

60 years ago Harvard and Yale had an admit rate of 25% and 45% respectively.  
Ability to pay was a primary determinant in who attended.
[b]It sort of still is[/b].

[/quote]

Incorrect.[/quote]

Really?  You don't think wealth plays into who get admitted?

The SES of incoming students being consistently in the stratosphere is just coincidence?  Legacy preferences have nothing to do with money?  Does everyone get a full ride or does ability to pay affect who gets to go?[/quote]

Harvard & Yale could fill each class with qualified full-pay students by a multiple of 6 if each wanted to do so. [/quote]

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