4 ms·
Might have to do with wanting to avoid people trying to game the system? Not that I expect the shroud of secrecy to actually mitigate that problem.
by BonesJustice 7y ago
Might have to do with wanting to avoid people trying to game the system?
Not that I expect the shroud of secrecy to actually mitigate that problem.
- droithomme 7y agoThe purpose of this sort of secrecy is to avoid people seeing how the system is gamed against them.
- cm2187 7y agoOr rather to keep the capacity to arbitrage the system to insiders.
- xhkkffbf 7y agoYou seem to think that the system will be used to boost kids with high adversity scores. Many colleges desperately want kids who will pay full tuition. But they also want to claim they're "need blind." Voila. The "adversity" score tells them whether the kids came from a rich neighborhood.
- BonesJustice 7y agoActually, there was an interesting link posted here a while back[1] that explored how non-profit colleges have a vested interest in making sure at least half of their students cannot afford full tuition. To keep their tax exempt status, they must act as a “charity” by extending financial aid to at least half of their students. The tax-exempt status enables them to invest their endowment without paying taxes on the gains. [1] https://news.ycombinator.com/item?id=18792515 https://news.ycombinator.com/item?id=18792515