How and Why You Diversify Colleges

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Of course, this problem mainly comes down to money that colleges have and are willing to spend. Admitting more students from low income backgrounds and offering them sufficient financial aid to attend costs more money than doing so for students with less or no financial need.

I pity the financial dilemma harvard faces in admitting more needy poor kids. It must be hard making ends meets with a $37.6 billion endowment. After all, 2.5% earnings on $37.6 billion is only an extra billion dollars per year.