An unnecessary dichotomy in higher education – while society’s best interests get crushed in the middle
The New York Times published an article by Catherine Rampell on Sept. 24 titled “Freebies for the Rich.” (Another version of the same article was published in the Times Sunday magazine on Sept. 29.)
In the article, Ms. Rampell points out that, at public universities, the share of aid devoted to “merit” has tripled, to 29 percent, over the past two decades. She also points out that metrics used to determine merit, such as SAT scores, are closely correlated with family income: whereas only one student in 10 receives merit aid in families earning less than $30,000, one student in five receives merit aid in families earning over $250,000.