<p>And, they use Amherst as its prime example:</p>
<p>
[quote]
Full-price students tend to come from families making hundreds of thousands of dollars a year. Most of those families have done quite nicely in recent decades, and they can afford Amherst. For everyone else, Amherst has cut its price.
<a href="http://www.nytimes.com/2014/08/06/upshot/amherst-college-and-financial-aid.html?rref=upshot&_r=0#%5B/quote%5D">http://www.nytimes.com/2014/08/06/upshot/amherst-college-and-financial-aid.html?rref=upshot&_r=0#
[/quote]
</a></p>
<p>Is this true? Or, has Leonhardt drunk the purple kool-aid? Any parents making $150K a year care to weigh in?</p>