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Generation Later, Poor Are Still Rare at Elite Colleges – NYTimes.com
““A lot of it is just about money, because each additional low-income student you enroll costs you a lot in financial aid,” said Michael N. Bastedo, director of the Center for the Study of Higher and Postsecondary Education at the University of Michigan. “No one is going to talk openly and say, ‘Oh, we’re not making low-income students a priority.’ But enrollment management is so sophisticated that they know pretty clearly how much each student would cost.””