>First degree price discrimination would be an auction system. We would see spots at Harvard, Stanford, and MIT going for tens of millions of dollars. Merit wou

>First degree price discrimination would be an auction system. We would see spots at Harvard, Stanford, and MIT going for tens of millions of dollars. Merit would mean money. Thankfully, we aren't at that point yet. Actually, we are: http://www.forbes.com/sites/eamonnfingleton/2012/11/30/do-the-ivy-league-universities-discriminate-against-asian-americans/ http://www.forbes.com/sites/eamonnfingleton/2012/11/30/do-th... https://www.quora.com/Do-rich-people-really-pay-their-way-into-Harvard https://www.quora.com/Do-rich-people-really-pay-their-way-in...