<a href=“http://www.latimes.com/news/printedition/la-me-waitlist20may20,1,1065020.story[/url]”>http://www.latimes.com/news/printedition/la-me-waitlist20may20,1,1065020.story</a>
<p>There is nothing wrong with that. It makes sense. Besides you don't want to be poor and on the waiting list because chance are you will be low 25% at your college with a lot of money to pay back and thats not good. Stop whining</p>
<p>Yeap, the NYT recently had an article about class in America and they said you should "choose your parent well" because they can make a difference.
I'd choose Warren Buffet as my next parent.(lol)</p>
<p>well, this is a fact......</p>
<p>If you're a underrepresented person you already have a benefit. so if you get on waiting list thats basically a rejection. and have you heard of endowments. if they have already used up their endowment money(that means they already picked enough poor people in RD), they physically can not get more people who need money. Stop making stupid threads.</p>
<p>This is something that is very important. Poor ppl regardless of race are once again being discriminated against. Its not right.</p>
<p>Confidential i'm guessing you are not classified as "poor". You rich yuppies will never learn. LOL</p>
<p>Of course i could be mistaken</p>
<p>Nothing surprising about this. Schools <em>do</em> have money set aside for financial aid, which means a limited (in the sense of "set", not necessarily "little") amount of funds to offer. That's why it's so important to get your financial documents in ahead of the deadline, because people who submit them after the fact often find that the money has already been allocated and they probably will get less than (if anything of) the amount they might have originally been. </p>
<p>It does suck, and the waitlist=less financial aid policy is the reason I had to give up my spot on the waitlist of one of my top choices.</p>
<p>hey undecided, sorry to hijack but did you ever hear from your transfers? i remember you wanted to transfer to uchicago, yah? hope that worked out for you</p>
<p>On one side of the argument this policy is a logical and financially conscientious way to go about waitlist policy, because frankly colleges and universities do not have an unlimited source of funds. However, this is discriminating to people from disadvantaged backgrounds, the people who especially need the opportunity of attaining higher education. So in the end its just a another sticky situation that colleges and universities have to face and persevere through.</p>
<p>the whole college admission process favors the rich
esp. the private colleges..</p>
<p>rich does that mean who wanna study on full fees or they check ur family background for donations</p>
<p>varaince is right. colleges are out there to make money. If you owned a college, you wouldn't want to give financial aid to ever single over achieving people who need aid. Rich always gets the upperhand (<em>sniffle</em>)</p>
<p>Anyone else find it incredibly ironic that the article centers on Reed College, a school which prides itself on the fact that over 90% of its students, faculty, and alumni are communists? </p>
<p>o_O</p>
<p>I would have to disagree with rexrun467 and varaince2004. Collleges aren't out there to make moneys. Of course they need have moneys and turn a profits, but their goal is not to be a wealthy corporate giant. They uses their moneys on researches, paying professors, maintainances, scholarship and blah blah blah... Many are facing severe crisises because their endownment is dwindling, not everyone have $22bil to spend on a rainy year like Harvard. Yes they would favor well to do students in year like this, but remember that wealthy students must also meet certain academic standard (colleges is very rank conscious) so it not all rich yuppie who were spoil to death and couldn't name you what is the third rock from the sun. </p>
<p>I also speak on personal experience that many of the colleges that I got into offers extremely generous aids to low-income students (me being one). My academic is in their middle 50% range, so it not like I am a stellar academia. My advice is if you poor like me, apply early action to the school you know want to go (but might not be your first choice) and rake in the dollars.</p>
<p>most colleges are run as a business. period.</p>