The Pros and Cons of Asking a College for Financial Aid – NYTimes.com
As more colleges take ability to pay into account in admissions decisions, parents weigh options for gaming the system: not applying financial aid for freshman year, for example, but then applying in years after that.
Where the advantage of wealth may seem unfair is for students who are marginal for a particular college and need a lot of financial aid. They might not be admitted over a similarly marginal student whose parents can pay.
Posted from Diigo. The rest of my favorite links are here.