I think both approaches are valid. In fact, economic-based scholarships tend to be more equitable than race-based ones. >if the most meritorious student's fami

I think both approaches are valid. In fact, economic-based scholarships tend to be more equitable than race-based ones. >if the most meritorious student's family makes over $130K, he/she is saddled with debt, regardless of how good he/she is. No. It means they won't qualify for this tuition break however they will have access to merit-based scholarships.