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It's not significantly more people. The US has 5000 universities and colleges, and perhaps a dozen really elite schools, depending on where you draw the line. T
by murgindrag 6y ago
It's not significantly more people. The US has 5000 universities and colleges, and perhaps a dozen really elite schools, depending on where you draw the line. Those schools have more money. No one else does.
And only some of that money comes from donations. Much of it are your taxpayer dollars at work. The direct way is to donate money. The indirect way is to swing government funds.
- stale2002 6y ago> It's not significantly more people. Ok, well it is more people than the amount of spots that they take up. > Those schools have more money. No one else does. Ok, so if an elite person takes up one spot, but the extra money allows 2 more spots to open up, then that is a net increase in total number of slots. So that is still a benefit to the extra people who can go to that college.
- tfehring 6y agoSpots at elite universities are constrained for the sake of artificial scarcity, not because of financial considerations.