WDEL Blog: Allan Loudell

Should outstanding students from affluent backgrounds still be showered with financial aid?

From The NEW YORK TIMES, a thought-provoking piece on the changing dynamics of financial aid for college students...

Does it make sense to reward high-achieving students who would get by without the financial aid? Or would it be discriminatory to deny them? Conversely, doesn't this only widen the divide between socioeconomic groups?


http://www.nytimes.com/2013/09/29/magazine/freebies-for-the-rich.html?hp

Posted at 7:31am on September 24, 2013 by Allan Loudell

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Comments on this post:

Mike from Delaware
Tue, Sep 24, 2013 8:16am
I believe student aid should be used ONLY for state colleges, not Ivy League, nor any other private colleges, STATE institutions ONLY.

You want to go to prestigious schools such as the U of Penn, Princeton, Brown, etc.? Then get a scholarship or save your pennies. The taxpayer shouldn't be underwriting that.

I have no problem with middle-class and poor students getting financial aid to go to any state institute of higher learning.

So to answer Allan's question, NO, students from wealthy backgrounds don't need the taxpayers to give them ANOTHER PERK, while these same wealthy folks then sneer and complain about the so-called 47% takers.

Shawn
Tue, Sep 24, 2013 10:13am
Depends on whether you mean financial aid or merit-based scholarships (and the article seems to go back and forth between them a bit). Financial aid? Absolutely not. That's for people who can't afford college. Merit scholarships? I say yes. If you worked your ass off for a 4.0 GPA, you ought to be rewarded for your work, regardless of your financial situation. It's a reward for a job well done.

Mike from Delaware
Tue, Sep 24, 2013 1:08pm
Shawn, I'm assuming that Merit Scholarships are not paid for by the government, but are given by the school. That I don't object to, but my answer would still be NO for the wealthy IF taxpayers are footing that bill.

billsmith
Tue, Sep 24, 2013 6:26pm
While terms are imprecise and vary, merit scholarships are generally considered "financial aid." So, are sports scholarships, for that matter.

State schools only get a small portion of the money from the state. Scholarship money mostly comes from donors. Scholarships are used to attract top prospects, which improve the school's rankings and help attract top faculty and more top students.

Mike from Delaware
Tue, Sep 24, 2013 11:43pm
Billsmith: Thanks for clarifying how a merit scholarship works.


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