Struggling Colleges Accepting Wealthy Students First

The NY Times reports.

Facing fallen endowments and needier students, many colleges are looking more favorably on wealthier applicants as they make their admissions decisions this year.

Institutions that have pledged to admit students regardless of need are finding ways to increase the number of those who pay full fare in ways that allow the colleges to maintain the claim of being need-blind — taking more students from the transfer or waiting lists, for instance, or admitting more foreign students who pay full freight.

Colleges that acknowledge taking financial status into account say they are even more aware of that factor this year.

“If you are a student of means or ability, or both, there has never been a better year,” said Robert A. Sevier, an enrollment consultant to colleges.

Well, this bodes well for democracy and the American dream...