Study Shows Rich Schools Get More Aid

1010 WINS ^ | November 10, 2003 | 1010 WINS

[LurkedLongEnough]

(NEW YORK) A new analysis shows wealthy colleges get more federal financial aid than schools with more poor students.

The New York Times study shows that private universities such as Brown, Dartmouth and Stanford received funding ranging from about 169 to 211 dollars for every student who applied for financial aid.

The median equivalent amount for most of the nation's colleges was 14 dollars. Almost 200 colleges were given less than 3 dollars per applicant.

The City University of New York had the most financial aid applicants in the nation the same year, but got just four cents for each Pell grant dollar its students received.

The disparities date back to the 1970s, when regional panels decided how much the colleges would receive. More politically savvy or well-connected schools ended up with the lion's share of the funds.

[LurkedLongEnough]

Seems like some key pertinent facts were left out of this story.

[leadpencil1]

Like what?

[PrincessB]

Acutal tuition cost per each institution, whether the institution is state supported, income level of students receiving financial aid.....

[chachacha]

They didn't want the majority of funds going to schools that have Terrorist roots.

[job]

"Studies Show Fat Kids Eat More Candy"

"Studies Show Drunk People Drink More Alcohol"

"Studies Show ...."

[Mr. Bird]

Next thing you know, we'll find out that people who buy luxury cars get loaned more money than people who buy Hyundais. This is outrageous.

[looscnnn]

Kinda makes sense, they can say "look at the poor schools they need more money." And so the cycle continues.

[dead]

This spending disparity is an outrage!

All good liberals should join conservatives in campaigning to end federal involvement in higher education!

((crickets))

[ml/nj]

Well, duh.

If you wanted a study done about just about anything, would you want folks at MIT conducting it, or someone from CUNY?

ML/NJ